By RACHEL BECK AP Business Writer
NEW YORK (AP) -- The names and bank account details of up to 40 million credit-card holders have been exposed to fraud. Too bad the only way that information reached the public was largely thanks to California.
That's right, the rest of the nation has been made aware of serious identity breaches because California forces companies to notify consumers when such theft happens. The federal government, in the meantime, hasn't done anything to require the same.
Even though other states are following its California's lead, Congress can't afford to drag its feet on this national issue anymore. The reason is simple: Consumers have the right to know when their private information has been compromised.
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