Draft legislation currently being proposed in Washington would require companies which have been the victim of hacks involving the exposure of private data to confess the attack to a government agency within 48 hours.
The scramble to impose stricter rules on companies storing the personal data of their customers comes in the wake of high-profile breaches at global outfits like Sony and Mastercard which were made public by hacktivist group Anonymous.
Unfortunately, the vast majority of malicious and criminal hacks are carried out by groups or individuals with far less altruistic intentions and many of them would never see the light of day under current legislation.
According to the thinq_ Republican congressional representative Mary Bono Mack is sponsoring the bill to protect consumer information.
Bono Mack's draft promises to “protect consumers by requiring reasonable security policies and procedures to protect data containing personal information, and to provide for nationwide notice in the event of a security breach.”