DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Retailers battle financial sector over lame data breach legislation that they think is too strong?

Posted on April 27, 2016 by Dissent

Cory Bennett reports:

Retailers on Tuesday doubled down on their opposition to a data breach notification bill favored by financial firms.

The Retail Industry Leaders Association (RILA), one of the sector’s largest trade groups, argued in a letter to House leadership that the measure would be unfair to large swaths of the economy.

The bill, from Reps. Randy Neugebauer (R-Texas) and John Carney (D-Del.), would require companies to notify customers following a breach and set nationwide data security standards modeled after those governing the financial sector.

Read more on The Hill.

The bill in question is The Data Security Act of 2015 (H.R. 2205). It currently has 39 co-sponsors and would pre-empt state data breach notification laws.

Of note, the bill uses an acquisition trigger for notification, and defines “breach of data security” as the unauthorized acquisition of sensitive financial account information or sensitive personal information. The obligations do not apply if the data are encrypted or otherwise made unusable and they do not apply to any “agency or any other unit of Federal, State, or local government or any subdivision of the unit.” The bill would not seem to apply to health information held by non-HIPAA-covered entities, either.

So with so much wrong with the bill, why is anyone even discussing it? I stopped reading it by Sec. 4. of the text.  But then, I’m not  a retailed who would be obligated to notify about all the breaches involving credit and debit card numbers.


Related:

  • Uncovering Qilin attack methods exposed through multiple cases
  • Predatory Sparrow Strikes: Coordinated Cyberattacks Seek to Cripple Iran's Critical Infrastructure
  • Ex-CISA head thinks AI might fix code so fast we won't need security teams
  • ModMed revealed they were victims of a cyberattack in July. Then some data showed up for sale.
  • Confidence in ransomware recovery is high but actual success rates remain low
  • Protected health information of 462,000 members of Blue Cross Blue Shield of Montana involved in Conduent data breach
Category: Commentaries and AnalysesFederalLegislation

Post navigation

← Verizon’s 2016 Data Breach Investigations Report finds criminals continue to exploit human nature
IE: Details of more than 100 Cork households stolen from census enumerator’s car →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Washington Post hack exposes personal data of John Bolton, almost 10,000 others
  • Draft UK Cyber Security and Resilience Bill Enters UK Parliament
  • Suspected Russian hacker reportedly detained in Thailand, faces possible US extradition
  • Did you hear the one about the ransom victim who made a ransom installment payment after they were told that it wouldn’t be accepted?
  • District of Massachusetts Allows Higher-Ed Student Data Breach Claims to Survive
  • End of the game for cybercrime infrastructure: 1025 servers taken down
  • Doctor Alliance Data Breach: 353GB of Patient Files Allegedly Compromised, Ransom Demanded
  • St. Thomas Brushed Off Red Flags Before Dark-Web Data Dump Rocks Houston
  • A Wiltshire police breach posed possible safety concerns for violent crime victims as well as prison officers
  • Amendment 13 is gamechanger on data security enforcement in Israel

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Maryland Privacy Crackdown Raises Bar for Disclosure Compliance
  • Lawmakers Warn Governors About Sharing Drivers’ Data with Federal Government
  • As shoplifting surges, British retailers roll out ‘invasive’ facial recognition tools
  • Data broker Kochava agrees to change business practices to settle lawsuit
  • Amendment 13 is gamechanger on data security enforcement in Israel

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net
Security Issue: security[at]databreaches.net
Mastodon: Infosec.Exchange/@PogoWasRight
Signal: +1 516-776-7756
DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.