Representatives from Target and Neiman Marcus appeared yesterday in front of the U.S. Senate Judiciary Committee to testify on the highly publicized breaches that hit each company in recent months and what can be done to bolster cybersecurity. What was clear during testimony was the sophistication of the cyber-attacks on both companies, the complicated forensics investigations used to detect and contain the malware, the need for chip-and-PIN technology for card payments and the need for a concerted effort by public and private stakeholders to counter the growing, lucrative and sophisticated cybercriminal industry. This exclusive for The Privacy Advisor covers the hearing and explores whether government is ready to—or should—pass federal data security legislation to confront these issues.
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