Bono Mack Releases Revised Notification Bill
PRIVACY LAW—U.S.July 20, 2011
Rep. Mary Bono Mack (R-CA) has released a new version of the SAFE Data Act, which would create a universal standard for notifying consumers and authorities after a data breach. The House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade is scheduled to mark up the bill today. The latest version takes into consideration concerns raised at a hearing last month and requires organizations to inform the FTC and affected customers of a breach within 48 hours of completing a risk assessment--if they are at risk of fraud--and no longer than 45 days from the discovery of the breach under all circumstances, reports Tech Daily Dose.