As Senate lawmakers prepare to debate the Cybersecurity Act, Vermont Senator Patrick Leahy is pushing for another amendment to the bill.
The latest amendment would punish anyone found guilty of hiding a
data breach that causes financial damage with up to five years in prison,
The Hill reports.
Other measures supported by Leahy would create a national standard notification for companies in the event of a breach, and require minimum data security standards for any company that stores a customer's personal information, according to the report. Each of Leahy's proposed amendments are part of the Personal Data Privacy and Security Act, which he initially proposed last year. So far it has yet to come up for a vote in the Senate.
While there have not been any recent major cases of companies covering up a significant data breach, some - such as Sony - have received criticism for what has been perceived as a slow response.
The risk of consumer data and breaches remains a concern for many companies. For more information
data risk management and similar topics, read the blog of
Brian McGinley, senior vice president of data
risk management for
Identity Theft 911.
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