Are you curious about the cost of a data breach notification law? Here’s the analysis of S. 1151, the Personal Data Privacy and Security Act of 2011, proposed by Senator Leahy. It appears that the biggest added cost to the private sector would be on improving security and not from breach notification since 46 states already…
Category: Federal
National Retail Federation opposes Sen. Leahy’s data breach notification bill
From NRF’s press release: The National Retail Federation today voiced concern over data breach legislation set for consideration by a Senate committee, saying the bill is too broadly written and would lead to “notice fatigue” among consumers. […] French’s comments came in a letter sent today to members of the Senate Judiciary Committee. The panel…
Blumenthal Announces Legislation on Data Privacy
Senator Richard Blumenthal held a roundtable discussion yesterday with data breach experts and community leaders at the Information Technology Center at the University of Connecticut Greater Hartford campus to discuss legislation he will introduce in the coming weeks that will take a multi-pronged approach to combating the risks associated with data breaches for both consumers…
AU: Hacked firms could be held responsible for privacy breaches
Chris Merritt reports: The federal government is considering changing the law so corporate victims of criminal computer hacking can be sued over privacy breaches. This change formed part of discussions on Monday between Privacy Minister Brendan O’Connor and a lobby group that wants to subject companies and journalists to criminal penalties for privacy breaches. The…
Data-Breach Disclosures May Decline 50% Under Proposed Bills
Corporate disclosures of data breaches involving U.S. consumers’ personal information may fall by 50 percent under legislation before Congress. House and Senate lawmakers have introduced at least five data-security bills this year requiring businesses to notify customers of intrusions if there is a “reasonable risk” that personal data including credit-card and Social Security numbers may…
Shortened Breach Disclosure Periods Could Hurt Consumers
Ericka Chickowski writes: As the SAFE Data Act data breach law made its way to the House Energy and Commerce Committee after passing through the Subcommittee on Commerce, Manufacturing and Trade last week, security experts are wondering at the wisdom of a national data breach law that requires notification within 48 hours of a breach’s…