WebVariables Description Source; LAW: Indicator variable that takes one if firm i's year t is after firm i's historical state j has passed a data breach disclosure law, and zero otherwise: Hand-collected: K MPEG: The implied cost of equity derived from the Easton (2004) model estimated in June of each year minus the rate on a 10-year Treasury note.: Authors’ … WebJan 17, 2024 · Security Breach Notification Laws. All 50 states, the District of Columbia, Guam, Puerto Rico and the Virgin Islands have laws requiring private businesses, and in most states, governmental entities as well, to notify individuals of security …
Do data breach disclosure laws matter to shareholder risk?
WebJun 24, 2024 · State data breach notification laws were designed primarily as tools for consumer protection—if your information was stolen, state legislators reasoned, you … WebJan 1, 2024 · California, the toughest of all. California has consistently been a pioneer of consumer protection legislation, and not only related to privacy. Among other things, the Golden State is the one that started the trend for data breach disclosure laws, first enacting one back in 2002. how to install kohler gleam toilet
Data Breach Definition by State - Varonis
WebNov 9, 2024 · Some guidance is given by state ethics opinions, which, like the ABA, suggest that lawyers have a duty to investigate and disclose the existence of a data breach to clients whose material confidential information is known to have been accessed or exfiltrated by an unauthorized intruder. WebMany states have responded by adopting data breach disclosure laws that require firms to notify consumers if their personal information has been lost or stolen. Although the laws are expected to reduce identity theft, their effect has yet to be empirically measured. We use panel data from the U.S. Federal Trade Commission to estimate the impact ... how to install kohler kitchen sink