David Fagan, Susan Cassidy, and Catlin Meade write: As an indicator of the continuing focus of government authorities on cybersecurity breaches and potential notification requirements, certain contractors for the federal government may soon face new rapid reporting requirements for successful network penetrations. Specifically, President Obama signed the 2014 Intelligence Authorization Act (“2014 IAA”) into law on July…
Category: Breach Laws
Mandatory data breach laws back on Australian agenda
Richard Chirgwin reports: Australia’s on-again, off-again debate about data breach notification laws is on again, courtesy of a report into financial system regulation, at least until the government cans the idea (again). Register readers will recall that a Privacy Alerts bill was proposed by the previous government before the 2013 election, then delayed, re-introduced in March, and abandoned in…
NZ: Proposed data breach fines a ‘drop in the ocean’
Rob O’Neill reports: The New Zealand government is expected to introduce a rewrite of privacy laws into Parliament next year, but one security expert says the proposals are imprecise and don’t go far enough. Trend Micro’s senior security architect Peter Benson says data breach disclosure laws are long overdue and will bring New Zealand into…
KR: FSS toughening punishment on data theft
Chung Ah-young reports that the South Korean financial regulator is cracking down by enhancing the penalties for employees and executives: Financial Supervisory Service (FSS) Governor Choi Soo-hyun directed the reinforcement of the punitive measures for any irregularities which can disrupt the market order and breach the rights of financial consumers. To prevent a recurrence of…
Cantor’s Defeat: Impact on Breach Law
Eric Chabrow reports: Kentucky became the 47th state to enact a breach notification law last week. And while a national law superseding the widely varying state statutes is long overdue, the primary election defeat of House Majority Leader Eric Cantor makes passing such a bill tougher. Read more on GovInfoSecurity.com.
California bill would boost data breach notice requirements
AP reports that retailers would have to notify customers of data breaches under a bill that passed the state Assembly, AB1710. The bill also requires retailers to provide credit monitoring services. The bill passed the Assembly 43-24 on Tuesday, and now heads to the state Senate. Bill text.