New Bill Punishes Companies Who Don't Take Care of Your Data

Written by John Ponio    Monday, 12 September 2011 15:20

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A new bill proposed by Senator Richard Blumenthal (D-CT), if passed, would impose regulations on companies who have the personal information of over 10,000 people stored on their servers on how that data is to be stored and kept secure. Stiff fines and the opportunity for people affected to bring up law suits against the company at fault will follow if the regulations aren't followed and if data security is breached. Blumenthal said, "The goal of the proposed law is essentially to hold accountable the companies and entities that store personal information and personal data and to deter data breaches. While looking at past data breaches, I’ve been struck with how many are preventable." This comes after both the big Sony debacle as well as cybersecurity becoming a hot topic in Congress. I won't say whether this is a good or bad thing, but if you have an opinion call your senators and tell them what you think. Read more about the bill here.