Mass. bill would make retailers pay for data breaches

Friday, 23 February 2007, 12:45 AM EST

Lawmakers in Massachusetts are poised to consider legislation that would force retailers who suffer data breaches to cover the costs associated with any fraud-related losses by their customers.

The bill, sponsored by Rep. Michael A. Costello (D), would make any company (retailer, bank or data processor) financially liable if it is the operator of the system that is hacked. The bill doesn't cover other types of credit-card fraud, such as those perpetrated by means of a lost or stolen card."

At Security Fix.

[ Read more ]




Spotlight

Hackers indicted for stealing Apache helicopter training software

Posted on 1 October 2014.  |  Members of a computer hacking ring have been charged with breaking into computer networks of prominent technology companies and the US Army and stealing more than $100 million in intellectual property and other proprietary data.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Thu, Oct 2nd
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //