United States Of America : NRF wants US data security law to cover all businesses

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NRF wants US data security law to cover all businesses

16
Feb '18

The National Retail Federation (NRF) and other groups told US lawmakers recently that any new data breach notification law passed by the Congress should cover all industries that handle consumer data and leave no scope for incidents like last year’s Equifax breach to stay hidden. They want no industry should be allowed to keep its data breaches secret.

In a letter sent to the Financial Services Committee, NRF, NRF’s National Council of Chain Restaurants and other trade associations representing convenience stores, restaurants, truck stops, gasoline stations, grocers, real estate agents, franchises, hotels and the travel industry said they support a uniform federal law governing what business must do when credit card or other data is breached, but said it should apply to all businesses that handle sensitive consumer data.

“Every industry sector – whether consumer-facing or business-to-business – suffers data security breaches that may put consumer data at risk,” an NRF press release said quoting the letter.

The letter urged for a uniform national law to replace existing state laws, establishment of ’reasonable’ data security standards, Federal Trade Commission enforcement, and a requirement that all breached entities be obligated to notify consumers when they suffer a breach of sensitive information that creates a risk of identity theft or financial harm. (DS)

Fibre2Fashion News Desk – India

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