Thursday, February 01, 2007

Data Privacy Bill Expected to Target Retailers, Banks

According to the Washington Post, the new chairman of the House Financial Services Committee will be pushing hard for a national privacy/data breach law:

Data Privacy Bill Expected to Target Retailers, Banks - washingtonpost.com

Data Privacy Bill Expected to Target Retailers, Banks

By Brian Krebs

washingtonpost.com Staff Writer

Friday, February 2, 2007; Page D03

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....

No comments: