On heels of Equifax incident, retailers cite need for uniform data breach law
The National Retail Federation is once again making the case for a new federal law on data breach notifications.
Citing the recent breach at the Equifax credit reporting agency, National Retail Federation and other industry associations are telling Congress that any new federal law on data breach notification should apply to all industries that handle consumer data.
“The fact is that hackers do not discriminate as to the type of business they attack,” NRF and the other groups said in a letter to House and Senate leadership of both parties. “Every industry sector – whether consumer-facing or business-to-business – faces data security threats that may put consumer data at risk.”
“To protect customers and ensure effective public policy, Congress should ensure that any federal breach notification law applies to all affected sectors and leaves no holes in our system for some industries that criminals can exploit,” the letter said.
The letter was signed by NRF, NRF’s National Council of Chain Restaurants, and associations representing convenience stores, truck stops, gasoline stations, grocers, real estate agents, franchises and the travel industry.
Citing the 2017 Verizon Data Breach Investigations Report, the letter noted that the financial services industry accounts for 24.3% of all data breaches while retail represents only 4.8%. More than 80% of all breaches take place in industries other than those signing the letter.
The letter asked for a uniform national law to replace existing state laws, reasonable data security standards, Federal Trade Commission enforcement, and a requirement that all breached entities be obligated to notify consumers when they suffer a breach of sensitive information that creates a risk of identity theft or financial harm.
NRF has long called for a uniform federal data breach law to replace separate and often-conflicting laws in 48 states and the District of Columbia that are confusing for consumers and create compliance challenges for multi-state retailers. NRF believes that the new federal law should cover banks, card processors, telecommunications companies and all other entities that handle sensitive consumer data, not just retailers.
By contrast, banks and other industries have pushed for breach notification legislation that would subject retailers to stringent bank-style security rules while banks themselves would be subject only to discretionary guidance.
Online giant to expand its distribution network in Mexico
Amazon is looking to take advantage of Mexico’s growing e-commerce industry.
The online giant is planning to open a 1 million sq. ft. warehouse near Mexico City, according to Reuters. Scheduled to open next year, it would be the company’s third distribution center in the country.
The new warehouse will reside in the Tepotzotlan municipality, about 25 miles north of the Mexican capital. The facility would triple Amazon’s distribution space in the country, and help it service approximately 120 million potential customers, the report said.
Amazon’s Mexico push comes amid talks to revamp the North American Free Trade Agreement, which could benefit the Seattle-based retailer if the United States persuades Mexico to raise a $50 limit on the value of online purchases that can be imported duty-free, according to Reuters.
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Home improvement giants taps Neiman Marcus exec for supply chain post
Lowe’s Cos. has appointed a 20-year retail veteran to lead supply chain field processes
Michael West will join Lowe's as senior VP of supply chain field operations, effective Sept. 25. He will report to chief supply chain officer Brent G. Kirby.
West joins Lowe's from Neiman Marcus, where he served on the company's leadership team as senior VP, supply chain. He led distribution, transportation and fulfillment for all brands in the Neiman Marcus Group.
Prior to Neiman Marcus, West was senior VP, global logistics and distribution at Ann, Inc. He also spent 12 years with Target Corp., where he held various leadership positions, including VP, global logistics.
In his new position, West will lead operations for Lowe's regional and flatbed distribution centers, millwork facilities and bulk distribution centers. He will be tasked with driving efficiency and flexibility to best meet the needs of customers.