Brian Krebs reports: In response to a series of costly online banking heists perpetrated against towns, cities and school districts, Sen. Charles Schumer (D-NY) has introduced legislation that would extend those entities the same protections afforded to consumers who are victims of e-banking fraud. Under “Regulation E” of the Electronic Funds Transfer Act (EFTA) consumers are not…
Category: Breach Laws
ICO: data crooks should face jail
… Responding to a Ministry of Justice call for evidence on the current data protection legislative framework, the privacy watchdog said that the greatest threat to information security in organisations is individuals. But it said the Data Protection Act “only provides for a fine for those individuals who knowingly or recklessly obtain or disclose personal…
German Government Moves on Draft Law Regarding Employee Data Protection
On August 25, 2010, the German government approved a draft law concerning special rules for employee data protection, originally proposed by the Federal Ministry of the Interior. A background paper on the draft law was published on August 25, 2010. The draft law would amend the German Federal Data Protection Act (theBundesdatenschutzgesetz or “BDSG”) by adding provisions that…
AU: Tough new ID fraud laws proposed
It will be much tougher for criminals to steal someone’s identity under proposed new laws introduced to the upper house today. The government plans to crackdown on identity thieves by introducing new offences into law, imposing heavier penalties, while also improving how such fraud is policed. It also wants to frame the offences in words…
FTC Testifies on Data Security Legislation
The Federal Trade Commission today told a Senate Subcommittee that it supports proposed legislation that would require many companies to use reasonable data security policies and procedures and require those companies to notify consumers when there is a security breach. In testimony before the Committee on Science, Commerce, and Transportation Subcommittee on Consumer Protection, Product…
Pointer: Senate report on S. 139
The report on S. 139, introduced by Senator Feinstein, is available here (pdf). Three Republican senators express concerns in the report.