Senate Dems Target Cybercrime With Data Security Bill

Law360, New York (January 31, 2014, 2:43 PM EST) -- In the latest legislative effort to get a handle on cybercrime, four U.S. senators on Thursday proposed legislation that would provide a federal standard for companies to safeguard consumers’ personal information and quickly notify consumers if those systems are breached.

The Data Security and Breach Notification Act was introduced by Sens. Dianne Feinstein, D-Calif.; John Rockefeller, D-W.Va.; Mark Pryor, D-Ark.; and Bill Nelson, D-Fla. The bill, similar to legislation introduced in past years, addresses security vulnerabilities that were exploited in the recent massive data breaches of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.