Sony executives bowed down before the Japanese and international press earlier this year to tell everyone “we’re sorry”, but for those of us wondering if our credit card numbers were being sold off on the seedier parts of the web, somehow “we’re sorry”, just didn’t cut it. A new law being presented by Democratic Senator Richard Blumenthal however will finally start holding large companies responsible for cyber security, and impose pretty harsh penalties on firms that don’t take the appropriate precautions.
Read more at: Maximum PC | Proposed Bill Could Impose Stiff Fines on Companies With Lax Online Security