Recently, New Jersey officially passed a bill that amends its data breach notification law. The Bill S-52 expands the definition of personal information. According to the law, once this information is exposed the company is required to issue a notification. Under the revised bill any identifying account holder information would be considered personal information. This includes an account username and email address. The law will take effect on September 1, 2019.
Each year, many large companies fall victim to a data breach. Most recently, social media platform, Instagram exposed sensitive data of over 49 million users. The exposed data included profile pictures, location, and contact information. According to the Ponemon Institute’s Cost Of A Data Breach study, on average a data breach costs a company $3.86 million.
Data breaches can occur at any stage of your IT equipment’s lifecycle. For your end-of-life equipment partner with a certified ITAD vendor. Liquid Technology provides secure and auditable data destruction. To learn more about our services visit https://liquidtechnology.net/secure-hard-drive-data-destruction/.