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December 1, 2017 04:00 am

Democrat Senators Introduce National Data Breach Notification Law

New submitter unarmed8 shares a report from CyberScoop: Three Democratic senators introduced legislation on Thursday requiring companies to notify customers of data breaches within thirty days of their discovery and imposing a five year prison sentence on organizations caught concealing data breaches. The new bill, called the Data Security and Breach Notification Act, was introduced in the wake of reports that Uber paid $100,000 to cover up a 2016 data breach that affected 57 million users. The scope of what kind of data breach falls under this is limited. For instance, if only a last name, address or phone number is breached, the law would not apply. If an organization "reasonably concludes that there is no reasonable risk of identity theft, fraud, or other unlawful conduct," the incident is considered exempt from the legislation. "We need a strong federal law in place to hold companies truly accountable for failing to safeguard data or inform consumers when that information has been stolen by hackers," Sen. Bill Nelson, D-Fla., said in a statement. "Congress can either take action now to pass this long overdue bill or continue to kowtow to special interests who stand in the way of this commonsense proposal. When it comes to doing what's best for consumers, the choice is clear."

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