According to newly proposed congressional legislation, companies would be allowed to decide whether to alert their customers in the event of a data breach. However, companies would still be forced to notify if there is a “serious risk” of damaging identity theft or fraud.
If it passes, what impact would this legislation have on customers?
Listen to our latest security slice podcast and hear Tim Erlin, Craig Young and Lane Thames discuss why it’s nearly impossible to get consumers to pay attention to data breach notifications, why the risks associated with data loss are not always financial and how data breach notifications have the potential to change the way organizations manage cybersecurity risks.
CLICK HERE TO LISTEN TO THE PODCAST