Greatest Inhibitor to Innovation: Weak Data Security

This interim legislative committees have been studying data security after a rash of data breaches. It’s a complex issue. How to protect consumers, how to protect businesses and how to protect banks will be a tricky balance for the Legislature.

We need to add one more policy consideration- how data security policies impact innovation. Texas wants to be a leader in innovation and utilizes economic development programs and favorable tax environment to draw leaders in innovation to Texas.  

A recent Intel panel on data security and data privacy suggests poor data security and data privacy policies are harming innovation. Add innovation and economic development to your list of poilicy considerations for 2015’s data security legislation.  [Engadget]