In the first six months of 2021, there were 1,767 data breaches reported across the globe, exposing over 18 billion records. To contextualize that number, more records were exposed in six months than people on earth. Data breaches not only compromise consumers’ and businesses’ financial situations, but they can also lead to unnecessary stress and anxiety.
Despite the ramifications and number of data breaches, the United States does not have a comprehensive data protection law. The federal data laws that exist cover banking, medical records, and children. In the absence of federal legislation, several states have enacted their own pieces of legislation that have created a zip code lottery of protections for consumers.
Read Full Article »