Directors Who Conceal Cyber Attacks Could Face Prison

UK companies who are still living in dread of GDPR should thank their lucky stars they are not operating in the US, where a group of Democrats is planning to bring in new laws which appear to make compliance with the upcoming EU data protection legislation seem like a stroll in the park.

Named the Data Security & Breach Notification Act, the proposed law seeks to implement nationwide breach notification standards and replace the confusing patchwork of state laws currently in place.

The Act, which is sponsored by Democrat senators Bill Nelson of Florida, Richard Blumenthal of Connecticut and Tammy Baldwin of Wisconsin, would see those companies which “intentionally and willfully” conceal a data breach to be prosecuted in the courts, with the threat of huge fines and up to five years in jail hanging over them.

It has been reported that the Uber hacking scandal, which saw the company pay a ransom to criminals rather than admit to a huge data breach, has served as the catalyst for the Bill to be brought forward.

In a statement, Senator Nelson said: "We need a strong federal law in place to hold companies truly accountable for failing to safeguard data or inform consumers when that information has been stolen by hackers. "Congress can either take action now to pass this long overdue Bill or continue to kowtow to special interests who stand in the way of this common sense proposal. When it comes to doing what’s best for consumers, the choice is clear.”

DataIQ

You Might Also Read: 

Company Directors Should Have Personal Liability For Data Breaches:

GDPR Will Impact Data Management In The USA:

The GDPR Advisory Board Offers Expert Advice:
 

 

« Why Is The Price Of Bitcoin So High?
Ethiopian Cyber Spies Left Clues Behind »

ManageEngine
CyberSecurity Jobsite
Check Point

Directory of Suppliers

Tines

Tines

The Tines security automation platform helps security teams automate manual tasks, making them more effective and efficient.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

K7 Computing

K7 Computing

K7 provides antivirus and internet security products for business and home users.

ThreatConnect

ThreatConnect

ThreatConnect is an enterprise threat intelligence platform by Cyber Squared bridging incident response, defense, and threat analysis for InfoSec & DFIR teams.

OPSWAT

OPSWAT

OPSWAT is a software company that provides solutions to secure and manage IT infrastructure.

EdgeWave

EdgeWave

EdgeWave provides simple but highly effective data security and advanced threat protection in solutions that are affordable, scalable and easy to use.

GK8

GK8

GK8 is a cyber security company that offers a high security custodian technology for managing and safeguarding digital assets. Secure, Compliant and Practical.

Consensys

Consensys

ConsenSys is a global blockchain company. We develop enterprise applications, invest in startups, build developer tools, and offer blockchain education.

ISA Global Cybersecurity Alliance (ISAGCA)

ISA Global Cybersecurity Alliance (ISAGCA)

ISAGCA is a collaborative forum to advance OT cybersecurity awareness, education, readiness, and knowledge sharing.

SOC.OS Cyber Security

SOC.OS Cyber Security

SOC.OS is an alert correlation and triage automation tool. It correlates and prioritises your alerts, boosting productivity, enhancing threat visibility and shortening mean time to respond.

Fasken

Fasken

Fasken is one of the largest business law firms in Canada and a recognized leader in privacy and cybersecurity law.

Digital Beachhead

Digital Beachhead

Digital Beachhead has the expertise to provide a range of Cyber Risk Management and other Professional Services with specifically tailored solutions at competitive prices.

Cyber Chasse

Cyber Chasse

Cyber Chasse is an IT consulting and staffing company offering a full range of cybersecurity solutions, contract staffing services and online training courses.

Gatefy

Gatefy

Getfy is a cybersecurity company specialized in artificial intelligence and machine learning. We work to solve challenging issues, especially those involving email security.

Guardz

Guardz

Guardz helps small and growing businesses to go from zero or low cyber protection to having comprehensive security – in the quickest and most straightforward way.

Fulcrum IT Partners

Fulcrum IT Partners

Fulcrum IT Partners is the parent company of an expanding portfolio of established IT solution companies around the world with proven expertise in cyber security, cloud, and managed services.

Effectiv

Effectiv

Effectiv is a real-time fraud & risk management platform for Financial Institutions and Fintechs.

SELFY Project

SELFY Project

The SELFY project has developed a toolbox made up of collaborative solutions with the objective to improve the resilience of the Cooperative Connected Automated Mobility sector.