A Connecticut senator introduced a bill Thursday designed to protect personal information from online data mishaps. And Sen. Richard Blumenthal, a Democrat, proposes to punish careless companies. “While looking at past data breaches, I’ve been struck with how many are preventable,” he said.Firms that store online data for more than 10,000 people would come under new regulations. The bill dictates specific data-storage rules and security protocols. Any violators would face significant fines.
Some might argue that companies suffer enough after a data breach — embarrassment, hassle, and angry customers. Regardless, looks like it’s time to pony up some cash for security upgrades or face senatorial wrath.
Read more at The New York Times.
