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Obama Seeks Laws on Data Hacking, Student Privacy President Barack Obama wants Congress to pass legislation requiring companies to inform customers within 30 days if their data has been hacked, a move that follows high-profile breaches at retailers including Target, … Continue reading →
The rash of data breaches has tested the patience of the President of the United States. Yesterday, President Barack Obama took steps to counter identity theft by calling for laws to protect the personal data of students and require notification … Continue reading →
Even President Obama has had to face the embarrassment of getting his card declined. Last month, Obama's credit card was declined at Estela in downtown Manhattan while the President was preparing for the annual United Nations General Assembly. "It turned … Continue reading →
Even the federal government is feeling uneasy about the security of debit and credit cards. Reacting to the incredible number of data breaches at major retail chains, the United States government will now require that all federal benefits issued via … Continue reading →
Battle Plan Shifts on Dodd-Frank President Barack Obama's victory means the 2010 Dodd-Frank law will stand. But the finance industry could still cut some parts of the law because changes now are politically less risky for the administration and Democrats in … Continue reading →
A new report released today from the Government Accountability Institute shows that nearly half the members of Congress do not require consumers to give their CVV number when making online credit card donations to their political campaigns. The Card Verification … Continue reading →