admin
05-11-2006, 09:12 AM
"Terrorists and organized criminals are using computer vulnerabilities to line their pockets, but many cybersecurity ideas coming out of the U.S. Congress may not help much, some experts said today.
Legislation that would require companies with data breaches to notify affected customers will create new expenses for companies, much the way the Sarbanes-Oxley Act did, said Bruce Kobayashi, a law professor at George Mason University. Congress passed Sarbanes-Oxley, or SOX, in 2002, and the law requires public companies to report their internal processes for ensuring the accuracy of financial reports."
For more information:
http://www.pcworld.com/news/article/0,aid,125674,00.asp
Legislation that would require companies with data breaches to notify affected customers will create new expenses for companies, much the way the Sarbanes-Oxley Act did, said Bruce Kobayashi, a law professor at George Mason University. Congress passed Sarbanes-Oxley, or SOX, in 2002, and the law requires public companies to report their internal processes for ensuring the accuracy of financial reports."
For more information:
http://www.pcworld.com/news/article/0,aid,125674,00.asp