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ExtraTorrent.cc > Articles > American Companies Will Be Forced to Disclose Hacks

American Companies Will Be Forced to Disclose Hacks

American Companies Will Be Forced to Disclose Hacks

Added: Tuesday, June 21st, 2011
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
Following the well-known recent Sony affair, American companies will be demanded to disclose if they’ve been hacked. That’s the essence of the new legislation currently drafted in Congress.

Hacker_Wallpaper_1280x1024_.jpg


The idea for new legislation has been suggested by Mary Bono Mack, a Republican from California. All Mary Bono Mack wants is to see companies demanded to provide a basic level of protection for their customers' personal data, and if they fail it, they have to notify the government of the problem.

After Mack had held hearings on data leaks at Sony and Epsilon, a bill was promised to be brought in, specifically designed to protect user personal data. Now, if the proposed legislation gets the votes, it will force US businesses to protect their own consumers by at least requiring reasonable security policies and procedures able to protect information containing personal data. But the most interesting part is that the new law will provide for nationwide notice in case of a hack.
The bill is already circulating through the government. For example, the National Journal has revealed that the Commerce, Manufacturing, and Trade Subcommittee of the House Energy and Commerce Committee has scheduled a hearing for tomorrow to discuss the proposal.

Mary Bono Mack is reported to have had an aggressive timetable for pushing the draft through subcommittee and full committee. The reason for the rush is that punters can’t wait and want something done right now.

According to the new legislation, all companies in the United States would be demanded to erase old or unnecessary information. They would also be required to notify the government no later than 2 days after discovering a data loss. This part of the legislation is supposed to prevent wide-spread situations where outdated databases without protection were still kept on the company network, becoming a soft target for intruders.

However, the bill specifies that the companies wouldn’t have to tell about the breach if it’s "an accident". That promises to be quite interesting to see if the companies try and use this clause as a reason for not publicizing their failures. Finally, the law would provide the FTC with the authority over information protection at non-commercial organizations like universities and charities.




By:
SaM
June 21st,2011

Posted by: 
SaM

Date:  Tuesday, June 21st, 2011



Comments (9) (please add your comment »)

1
posted by ET loverSuperman (2011-06-21 12:12:46)
tonymengela avatarAnother government take over at a low level, one more law to fine companies to generate cash for the machine. has nothing to do with helping the consumer.

2
posted by Blocked (2011-06-21 12:56:32)
SidhuZ avatarg8 article
yeah def agree with u
Torrentstonymengela

3
posted by (2011-06-21 13:47:22)
No avatarthat is all BS , waste of time ????

4
posted by (2011-06-21 16:37:29)
DEMONLORD avatari can see the positives out of this also

5
posted by ET loverSuperman (2011-06-21 18:38:34)
tonymengela avatarexactly how can anything positive come out of it? It is the back door to losing privacy. Just as it implies another way to screw people in the rear. Remember just the same Laws placed on corporations also effect you, for instance in the U.S. under UCC everyone with a birth certificate is a corporation! We are all considered ships in commerce. Dont believe me, then research my words and find them to be true.

6
posted by (2011-06-22 07:47:43)
WCKicksAss avatarWhat is the government going to do? There security is shit after the hack of the CIA By a simple SQLi.

7
posted by Trusted UploaderSite FriendSuperman (2011-06-23 10:40:39)
trialNerror avatarI bet if this law was already in effect during the PSN hack, Sony would have tried to call it "an accident". xD

8
posted by (2011-06-23 17:51:20)
sebastonz avatarNow if our government wasnt going to attach tons of BS to the bill and left it stripped down to its intentional purpose, it would be beneficial. Requiring companies to inform the public of breaches would help them to monitor said breached accounts that are tied to whatever financial information they had provided for it. Deleting old unused network info is just... well i would think common sense... lol

But, as it is... our govt. is going to attach a bunch of useless junk to it and distort its original purpose to the point that it actually wont do its original purpose... lol its sad really.

9
posted by ModeratorTrue LoveGirl (2011-06-23 22:19:20)
SiLvErDuSt avatarlol return of the mack -Mark Morrison
Of course she wants protection as the government for any countries want taxes....aww the taxes go to criminals...??...NO! the taxes should go to elected criminals you all put in power lol



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