Support for a national data security law appears to be growing, with ChoicePoint and Bank of America throwing their support behind a national disclosure law in a Capitol Hill hearing this week.
Backup data tapes have been at the center of the debate, with recent tape losses by Bank of America, Ameritrade and Time Warner leading to a recommendation by Iron Mountain that users encrypt backup tape data.
Sen. Diane Feinstein's bill goes beyond the California law to include encrypted data, and allows individuals to put a seven-year fraud alert on their credit report. The legislation proposes a $1,000 per individual civil fine for failure to notify, or not more than $50,000 per day while the failure to notify continues.
* Enterprise Storage Forum via InternetNews
Posted by volubis at May 10, 2005 02:06 AM