Staples: 6-Month Breach, 1.16 Million Cards
22 hours ago
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"that owns or possesses data in electronic form containing personal information shall, following the discovery of a breach of security of the system maintained by such person that contains such data notify each individual who is a citizen or resident of the United States whose personal information was acquired or accessed as a result of such a breach of security." (H.R. 2221 §3)The proposed law extends breach notification requirements beyond the owners of the data to third party agents who maintain or process the data or service providers who transmit, route, or store the data. In cases involving more than 5000 individuals the notification must be made not only to the individuals affected and the Federal Trade Commission, but also to the major credit reporting agencies. Unless a delay in notification is warranted by law enforcement or national security concerns, notifications are to be made within 60 days of the discovery of the breach.