Obama’s call for enactment of a national data breach notification law has been widely welcomed by business groups and privacy advocates. Few details about Obama’s proposal have been made public by the White House, despite repeated requests to do so. As-is now, businesses must comply with 47 different state laws; with a national law, there would be only one set of rules to follow. The White House has yet to give a timetable for when it will reveal those particulars. The National Retail Federation endorses the proposal, but “with a caveat,” says NRF Media Relations Director Stephen Schatz.”]
Source: https://www.bankinfosecurity.com/obamas-breach-notification-plan-lacks-specifics-a-7783/op-1