Monday, July 18, 2005

Data Breaches Spur Congressional Action

Brian Krebs writes in The Washington Post:

A bipartisan group of senators last week introduced legislation to create a national data privacy law that would require businesses and other organizations to disclose data breaches that result in the loss of consumers' personal information.

The bill -- sponsored by Commerce Committee Chairman Ted Stevens (R-Alaska) and by Sens. John McCain (R-Ariz.), Daniel Inouye (D-Hawaii) and Gordon Smith (R-Ore.) -- is the latest congressional proposal prompted by a series of highly publicized data breaches.

Smith said the bill was designed to hold companies more accountable for failing to secure the data they collect and maintain about their customers.

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