Bloomberg Law: Privacy & Data Security brings you single-source access to the expertise of Bloomberg Law’s privacy and data security editorial team, contributing practitioners,...
By George Lynch
The New York Office of the Attorney General received a record number of data breach notifications in 2016, New York Attorney General Eric Schneiderman (D) reported March 21.
The office saw a 60-percent increase over 2015, with over 1,300 reported breaches. The personal information of 1.6 million New York residents was exposed in the reported breaches—three times the number of records from the previous year, the office said. Most of the exposed personal information consisted of Social Security numbers (46 percent), and financial account information (35 percent), it said.
Schneiderman pointed to New York’s new financial industry cybersecurity regulations as a step toward addressing financial data breaches. The regulations require banks and other covered institutions to conduct risk assessments and submit cybersecurity programs for state certification.
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The data breach report is available at http://src.bna.com/nbg.
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