Fergie's Tech Blog

Groups Slam Data Breach Notification Bill

Roy Mark writes on internetnews.com:

A U.S. House panel effort to write a national data breach disclosure law is running into fierce opposition by consumer groups calling the legislation the "worst data security bill ever."

Passed out of the House Financial Services Committee on a 48-17 vote late Thursday afternoon, the Financial Data Protection Act of 2005 (H.R. 3997) allows data brokers and other companies to conduct an investigation of a breach and determine if notification to consumers is necessary.

The bill also allows companies that choose to protect their data with encryption to take that into consideration when determining if consumer notification is necessary in the aftermath of a breach.

posted by Fergie @ 3/17/2006 12:49:00 PM