, SecurityFocus 2003-01-06
A new California law requiring companies to notify their customers of computer security breaches applies to any online business that counts Californians as customers, even if the company isn't based in the Golden State.
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California disclosure law has national reach
2003-01-07
Midridth (1 replies)
Midridth (1 replies)
re: California disclosure law has national reach
2003-01-07
Keydet89 (at) yahoo (dot) com [email concealed] (1 replies)
Keydet89 (at) yahoo (dot) com [email concealed] (1 replies)

That aside, I think it is a good idea- perhaps the requirement of going public if there is a breach will encourage companies to put more emphasis on security... However, I think this is a national issue- not a state issue.
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Link to this comment: http://www.securityfocus.com/comments/articles/1984/17565#17565