Fines and prison time are among the penalties envisioned under a proposed house bill. The requirement would be that businesses with database holding information on more than 10,000 people (or federal employees) would have to inform either the Secret Service or the FBI of a data security breach. (The maximum sentence would be five years.) Now, on my first read of this, I thought, well sure – any company should disclose the possible loss, theft, or breach of a database holding customer data. I still think that… but I don’t know that the focus of penalty is on the right shoulders.
Tag: Secret Service
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Huge identity theft ring discovered by spyware research
Sunbelt blog, reports that they have uncovered a MASSIVE amount of personal data, ranging from usernames to passwords to banking information and much more while investigating spyware. They found keylogger transcript software with lots of personal information. Sunbelt develops software to protect against spam and spyware and other security threats. A keylogger is software that records every keystroke on a computer and these days usually uploads that data to a server for someone to peruse.