Wednesday, May 04, 2005

Execs Testify In Favor Of National Data Security Law

Steve Martin writes in InformationWeek that:

Executives from companies stung by losses or theft of customer information vowed Wednesday to do more to safeguard sensitive information, and backed a federal law to require disclosure if customer data is compromised.

In prepared testimony for a hearing by the House Committee on Financial Services, executives from Bank of America, ChoicePoint, and LexisNexis supported legislation patterned after California's law requiring companies to notify customers about security breaches.


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