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- Title
Data Breach Notification Laws.
- Authors
Sullivan, Richard J.; Maniff, Jesse Leigh
- Abstract
Data breaches have recently worsened in the United States, prompting concerns about a rise in identity theft. To help protect consumers, 47 states have enacted laws requiring breached organizations to both disclose breaches to the public and notify consumers whose data were exposed. In theory, these notification laws serve two purposes important to public policy: they incentivize organizations to protect sensitive data, and they allow individuals whose records were exposed to react quickly to mitigate or prevent damage. Prior research suggests these laws do lead to an overall decline in identity theft. However, the specific provisions within notification laws differ significantly across states, and some may be more effective than others in deterring identity theft. Sullivan and Maniff study these provisions over time to determine their potential effects on identity theft. They find five provisions in state laws associated with less identity theft and three provisions associated with more identity theft.
- Subjects
DATA security; DATA security failures; IDENTITY theft; COMPUTER crimes; INTERNET fraud
- Publication
Economic Review (01612387), 2016, Vol 101, Issue 1, p65
- ISSN
0161-2387
- Publication type
Article