Senate Responds to Identity Theft
A bipartisan group of Senators has recently introduced a proposal for new legislation which is designed to protect Americans from identity theft. At first glance, it appears to be similar to the legislation passed by California and Texas. However, it does require that businesses collecting and sharing individuals personal data begin bearing more of the burden of preventing identity theft or face fines and penalties.
A review of the proposed legislation and further updates on this topic will follow in later posts.