Michael Cohn reports: The House has approved legislation to increase the criminal penalties against identity thieves who steal taxpayer information to file fraudulent returns. The Stopping Tax Offenders and Prosecuting Identity Theft Act, H.R. 4362, was introduced in April by Reps. Debbie Wasserman Schultz, D-Fla., and House Judiciary Committee Chairman Lamar Smith, R-Texas. The bill…
Category: Federal
Recent Developments — Both in the Courts and in Congress — on the Scope of the Computer Fraud and Abuse Act
Orin Kerr writes: I’ve blogged a lot on the scope of the Computer Fraud and Abuse Act, and specifically on whether using a computer in violation of a computer use policy or Terms of Service is a federal crime. I’ve been banging the drum urging courts to adopt a narrow interpretations of the Act for a decade,…
If at first you don’t succeed: Senator Leahy offers breach notification amendments to cybersecurity bill
Brendan Sasso reports: Sen. Patrick Leahy (D-Vt.) is pushing for an amendment to a cybersecurity bill that would make it a crime for a company to hide a data breach from its customers. Under the legislation, anyone who purposefully conceals a data breach that causes financial damage could face up to five years in prison….
Latest Data Breach Notification Bill Won’t Go Far
Eduard Goodman of Identity Theft 911 dissects the data breach notification bill introduced last month by Rep. Toomey and finds it seriously wanting: The latest bill to address the problem of data breaches is just one of an increasingly long line of proposed federal breach notice regulations with little to no chance of becoming law…
Cybercrime disclosures rare despite new SEC rule
Embedded in revisions to a proposed cybersecurity law are some provisions on mandatory breach notification. Richard Lardner reports: The chairman of the Senate Commerce, Science and Transportation Committee, Sen. Jay Rockefeller, D-W.Va., is adding a provision to cybersecurity legislation that would strengthen the reporting requirement. The SEC’s cybersecurity guidance issued in October is not mandatory. It was…
NAFCU Letter to Reps. Boehner and Pelosi on Cyber/Data Security
Via CUInsight, a letter that has some recommendations many readers might agree with: April 23, 2012 The Honorable John Boehner Speaker U.S. House of Representatives Washington, D.C. 20515 The Honorable Nancy Pelosi Minority Leader U.S. House of Representatives Washington, D.C. 20515 Re: Cyber Security and Data Security Dear Speaker Boehner and Minority Leader Pelosi:\ On…