LowCards.com is an independent, for-profit website. LowCards.com participates in a paid affiliate network and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.
LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.
In some cases, LowCards has partnered with CardRatings for our coverage of credit card products. LowCards and CardRatings may receive a commission from card issuers.
Data Breach Notifications on the Rise
May 9, 2016 Written By Natalie Rutledge
New York Attorney General Eric Schneiderman announced last week that data breach alerts have increased 40% compared to last year in New York alone.
Part of the growth is due to the New York State Information Security Breach & Notification Act regulations, which require companies and consumers to notify Schneiderman’s office of any breach.
Due to the increased volume, the New York Attorney General now allows companies to file electronically through its website.
“Data breaches are an escalating threat to our personal and national security, and companies need to do more to ensure reasonable security practices and best standards are in place to protect our most sensitive information,” said Schneiderman. “I am committed to stemming the data breach tide. Making notification to my office easier for companies who have experienced a data breach means quicker notification and quicker resolution for New York’s consumers.”
The state Attorney General’s office reported receiving 459 data breach notices from January 1, 2016 through May 2, 2016. They only received 327 reports through that same period last year. In 2015, the office received a total of 809 breaches, and Schneiderman believes his office will receive “well over 1,000 notices” this year, which would would set a record.
Schneiderman’s legislation is intended to make it easier to track data breaches, and he ultimately hopes that this bill will broaden the amount of consumer data that companies must protect.
The information contained within this article was accurate as of May 9, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.
About Natalie Rutledge
Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at email@example.com