Another data security bill in the works

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What does the bill do?

"legislation would require that all businesses handling sensitive information such as Social Security, driver's license or credit card numbers in combination with personal data such as names and addresses must "secure" that data."

"require "prompt investigation of breaches," in which sensitive data may have been compromised, and companies would have to "notify business partners, law enforcement and functional regulators right away,"

"existing rules should be broadened to cover not just financial companies but all entities that use sensitive personal information. He threw his support behind the heightening of criminal penalties for identity theft"


So, what does it do for me, the little guy at the bottom of this pile? The wording seems to be aimed at saving the backsides of the companies involved.

Posted by: Cardinal_Bill   Posted on: 10/05/05 You are currently: a Guest | Members login | Terms of Use

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