Congress Considers Bill to Help Keep Financial Data Safe

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00019142-congress-considers-bill-to-help-keep-fina/

By Eric S. Crouch, Medill News Service

If your credit card information is stolen and used to make large purchases unlike those you’ve made in the past, it only makes sense that you would want your creditor to notify you. But what if you used a temporary credit card and a hacker obtained that information? Would you really care if someone had access to expired account numbers or other such information that won’t compromise your safety and financial security?

Business professionals on Capitol Hill Wednesday said no and told lawmakers yesterday that the lack of distinction between critical and inconsequential data is one of the major flaws in a data security bill moving through the House.

For this complete story, please visit Congress Considers Bill to Help Keep Financial Data Safe.

Congress Considers Bill to Help Keep Financial Data Safe

Unknown Author

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