Cory Bennett reports: The first cyber-specific bill of the lame-duck session will head to President Obama’s desk after the House on Wednesday night approved an update to federal information security laws. The Federal Information Security Modernization Act (FISMA), which passed the Senate unanimously Monday night, made it through the House without opposition. Read more on The Hill.
Category: Federal
Government data security bill faces House opposition
Cory Bennett reports: The Senate-passed update to the decade-old federal information security laws will face opposition, when it moves back to the House this week. House Oversight Committee Chairman Darrell Issa (R-Calif.), who drafted a House-passed version of the bill, has come out against the Senate’s measure, approved late Monday night. Read more on The…
No legal protections in case of data theft
Charles Duncan reports: Cayman’s financial institutions face the same threats as any other financial centers around the globe, but local cybersecurity experts say people in Cayman may never find out if their personal information is stolen from a local bank. Banking regulations in Cayman don’t require banks to tell customers if their data has been…
National Notification Law Unlikely
From the tell-us-something-we-didn’t-know-already dept., Mark Gerlach reports: Although cyberattacks are becoming more prevalent, breach notification laws in the U.S. lack synergy, said the opening panelists at ALM’s Cybersecurity and Data Protection Legal Summit Tuesday morning at The Harvard Club in New York City. […] “I wouldn’t hold your breath for a national breach notification,” said…
Italy: Garante introduces ‘progressive’ mandatory breach notification
DataGuidance reports: The Italian Data Protection Authority (Garante) issued, on 26 November 2014, its general resolution on biometrics (‘the Resolution’), which includes a new 24-hour data breach notification obligation. The requirement was introduced a means of balancing the new simplified rules on authorisation for use of biometrics which will no longer require the Garante’s prior…
Retailers are skirting data security issue, NAFCU, trades tell Congress
The National Association of Federal Credit Unions writes: Retailer groups’ data security arguments are “inaccurate and misleading” given their members “are not covered by any federal laws or regulations that require them to protect data and notify consumers when it is breached,” NAFCU and six other financial trades told House and Senate leaders Wednesday. “National…