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Businesses face rising political pressure from data breaches

The data breaches like the one at Target and Experian are fueling consumer protection efforts. The Federal Trade Commission has urged Congress to pass national breach notification legislation. In California, a bill would ban businesses from storing certain customer data for long periods of time. Privacy Rights Clearinghouse: “There is nothing any consumer could have done to prevent being affected by these breaches” Such legislation is not supported by businesses, which are already punished by having to pay fines to credit card companies and reimburse banks for fraudulent charges.”]

Source: https://www.csoonline.com/article/2140211/businesses-face-rising-political-pressure-from-data-breaches.html

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