While SC Magazine reports on the current state of global data breach legislation, The Hill reports some U.S. lawmakers are optimistic that a data privacy law will pass this year. Rep. Joe Barton (R-TX) said, “It’s one of the few issues in the next 10 months that the House and Senate can work with the president on … I’ll go out on a limb here and predict that we’ll actually do that.” Meanwhile, in an interview with Computerworld, the Payment Card Industry Security Standards Council's Bob Russo said the standards are solid, and the Independent Community Bankers of America said at a hearing Monday that retailers should ultimately pay for a breach when hit by one. In healthcare, a recent study revealed that breaches cost healthcare providers $1.6 billion per year.
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