Fergie's Tech Blog

Data Privacy Bill Expected to Target Retailers, Banks

Brian Krebs writes in The Washington Post:

Data privacy is likely to be among the hottest technology issues to face Congress this year, in part due to interest from the new chairman of the House Financial Services Committee.

Panel Chairman Barney Frank (D-Mass.) said he plans to craft a bill that would exempt companies from disclosing data breaches, provided they secure the data with encryption software or other technology that would render it virtually unreadable if it fell into the wrong hands.

Frank also said he wants retailers to be held more accountable for data breaches.

posted by Fergie @ 2/01/2007 07:12:00 PM