Over the past five years, 43 US states have adopted data breach notification laws, but has all of this legislation actually cut down on identity theft? Not according to researchers at Carnegie Mellon University who have published a state-by-state analysis of data supplied by the US Federal Trade Commission (FTC).
“There doesn’t seem to be any evidence that the laws actually reduce identity theft,” said Sasha Romanosky, a Ph.D student at Carnegie Mellon who is one of the paper’s authors.
However, they found that other factors, such as the state’s population, gross domestic product and fraud rate did have a significant effect on identity theft rates?.read more.
– U.S. States That Have Enacted State Security Breach Notification Laws
– Study: Do Data Breach Disclosure Laws Reduce Identity Theft?
