HARRISBURG, Pa. - (01/06/06) Governor Edward Rendell signedinto law tough new requirements on identity theft notification. TheBreach of Personal Information Notification Act saysa state agency, political subdivision, individual or business thatoperates in Pennsylvania and maintains, stores or manages personalconsumer information on computer, must notify people if theirsecurity systems are breached. Personal information is defined asan individual's name; social security number; driver's license, orstate-issued I.D., number; or a financial account number.Notification of the breach may be made in writing, by telephone,via email, or by a combination of email, posting on the entity'swebsite, or notification to statewide media where the cost ofproviding notice is in excess of $100,000 and would affect at least175,000 people. Notification may be delayed if a law enforcementagency decides it will impede their investigation. Also, when anentity provides notification to more than 1,000 people at once, thebill provides that national consumer credit reporting agencies willalso be notified.
-
A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
4h ago -
The payment company has made a series of moves to bolster its stablecoin and other coins to build a market for digital assets. Its Links feature adds to the strategy.
5h ago -
Google has launched its Agent Payments Protocol, an open protocol that establishes a payment-agnostic framework for users, merchants and payments in agentic AI. Payment companies such as Adyen, American Express, Mastercard and PayPal helped develop the protocol.
6h ago -
Prosecutors say Daryl Heller lured 2,700 investors with promises of safe ATM profits but misappropriated $185 million.
6h ago -
The companies have signed a new data-sharing agreement that includes an undisclosed pricing structure. Plaid said it will not pass the new costs on to its clients.
7h ago -
A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.
7h ago