Article: Congress Considers National Data Privacy Law
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Congress Considers National Data Privacy Law
Legislation was introduced into Congress this week that would establish a national data privacy law. The bill would require businesses to disclose to consumers any breaches that result in the exposure of personal information.
The legislation is a reaction to the massive security breaches that have occurred over the last year. In the most notable breach, over 40 million credit card numbers were exposed in a security breach involving CardSystems, an online processor. LexisNexis, Bank of America and other corporate entities have also suffered breaches exposing the personal information of millions of individuals.
Under the new legislation, businesses exposing the personal information of more than 1,000 individuals would be required to notify the individuals. Failu...
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