Bill Would Require Disclosure of Cyber Attacks

Senate measure mandates criminal penalties for concealing data breach.

Companies would be required to disclose cyber attacks that jeopardize consumers’ personal information and concealing a data breach would be made a crime under Senate legislation aimed at enhancing privacy protections.

The bill unveiled today by Senator Patrick Leahy, a Vermont Democrat, would set a national standard for notifying consumers that replaces data-breach reporting requirements in 47 states. Leahy, who chairs the Senate Judiciary Committee, cited recent cyber attacks at companies including Sony Corp. and Lockheed Martin Corp. as he introduced the measure.

Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Advertisement. Closing in 15 seconds.