• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar

Alston & Bird Privacy, Cyber & Data Strategy Blog

  • Home
  • Services
  • Events
  • Contacts

Bill Proposes Jail Time for Executives Who Conceal Data Breaches

December 4, 2017 By Privacy & Data Security Team

On November 30, 2017, a group of U.S. senators re-introduced a bill, known as the Data Security and Breach Notification Act, which seeks to impose criminal liability of up to five years of jail time on any corporate executive convicted of “intentionally and willfully” concealing a data breach.

The bill also proposes that the Federal Trade Commission (FTC) establish standard, nationwide security protocols for businesses to follow.  The bill would also require companies to report data breaches to consumers or users within 30 days unless a U.S. federal law enforcement or intelligence agency exempts the entity from informing the public. Companies would also be required to assess “reasonably foreseeable” vulnerabilities in their systems. Additionally, the bill directs the FTC to provide incentives to businesses for the adoption of technology that renders stolen consumer data unusable or unreadable.

This bill is a re-introduction of a 2015 bill by the same name, which was also re-introduced in 2016. A copy of the bill can be found here.

Filed Under: Cybersecurity, Data Breach, Data Security, Legislation, Regulation Tagged With: Data Breach Notification, Federal Trade Commission (FTC), Senate

Primary Sidebar

This blog is a service of Alston & Bird’s Privacy, Cyber & Data Strategy team and focuses on key data privacy and data security issues.


Receive email notifications when new posts are added.

Receive email notifications when new posts are added.


THE DIGITAL DOWNLOAD
Click here to see the editions

PRIVACY & CYBER EVENTS
Click here to see upcoming and past events

PRIVACY & CYBER MAILINGS
Click here to sign up

@ALSTONPRIVACY
Click here to follow us on Twitter

Secondary Sidebar

Categories

Recent Posts

  • European Commission Adopts Draft UK Adequacy Decision
  • NYDFS Issues Best Practices for Cyber Insurance Risk Management
  • Fifth Circuit Decision Raises Cyber Enforcement Complications for the U.S. Department of Health and Human Services
  • Virginia Ready to Pass First State Privacy Statute after CCPA
  • The EDPB-EDPS Joint Opinion on Data Processing Standard Contractual Clauses: Key Takeaways
Copyright © 2021 · Alston & Bird · All Rights Reserved. Privacy.