Amore recently created area of law related to information security specifies a requirement for organizations to notify affected parties when they have experienced a specified type of information loss. this is commonly known as a law.

breach

Explanation:

According to my research on safety laws, I can say that based on the information provided within the question this is commonly known as a breach law. Like mentioned in the question this refers to a breach in system databases in which a company loses private and personal information. According to this type of law a company is obligated to inform anyone affected by a breach immediately.

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