Bipartisan senators introduce data security bill
Julian Hattem reports:
Lawmakers in the Senate are unveiling a new data security bill that aims to protect consumers from having their identities stolen or being harmed by fraud.
Sens. Tom Carper (D-Del.) and Roy Blunt (R-Mo.) said that recent data breaches at major U.S. retailers have highlighted the need for added standards to protect shoppers from hackers.[…]
The Data Security Act would require shops, banks, government agencies and other institutions to protect sensitive information and notify people if there is a risk of fraud or identity theft. If they detect a data breach, the institutions would need to investigate what type of information may have been compromised, determine how far the hack went and whether any information could hurt somebody.