Organizations in virtually all industries could soon be impacted by government moves in response to data breaches like the one that affected Target at the close of 2013.
The Federal Trade Commission has asked Congress to pass a national breach notification bill, which would require companies that have their systems compromised to alert consumer and appropriate government authorities within a specific time frame. The legislation is intended to correct a situation in which a company could withhold such information for long periods of time while it tries to resolve the problem internally, but thereby leave customers at long-term risk of identity theft and personal data compromise.
(Read my complete article at FierceCIO)
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