According to the Washington Post, the new chairman of the House Financial Services Committee will be pushing hard for a national privacy/data breach law:
Data Privacy Bill Expected to Target Retailers, Banks - washingtonpost.comData Privacy Bill Expected to Target Retailers, Banks
By Brian Krebs
washingtonpost.com Staff Writer
Friday, February 2, 2007; Page D03
Data privacy is likely to be among the hottest technology issues to face Congress this year, in part due to interest from the new chairman of the House Financial Services Committee.
Panel Chairman Barney Frank (D-Mass.) said he plans to craft a bill that would exempt companies from disclosing data breaches, provided they secure the data with encryption software or other technology that would render it virtually unreadable if it fell into the wrong hands....
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