WILL YOU BE THE
Congress holds hearings on how to prevent data breaches and protect
consumers’ financial information in a post-Target breach environment.
BY PAIGE ANDERSON
In Washington, D.C., February brought more than snow, ice and a vote to raise the debt limit. Catalyzed by recent highly publicized data breaches at Target and Neiman Mar- cus, Congress held three hearings on data security — with more likely scheduled in the future. It was clear
that members of Congress, on a bipartisan basis,
were very concerned about the increased threat of
cybercrimes and data breaches and wanted answers
on why these crimes keep occurring. More importantly, the focus was also on what can be done to
deter criminals from hacking into payment systems
and stealing personal information.
In the Senate, the National Security and Inter-
national Trade and Finance Subcommittee of the
Senate Committee on Banking, Housing and Urban
Affairs held a hearing: “Safeguarding Consumers’
Financial Data.” The subcommittee examined proce-
dures for overseeing data security and data breaches,
as well as reviewed Federal Trade Commission
(FTC) and law enforcement investigative proce-
dures. It also looked at the current technology that’s
used to secure consumer data.
The Senate Judiciary Committee also held a
hearing — “Privacy in the Digital Age: Preventing Data
Breaches and Combating Cybercrime” — that focused
its attention on the recent Target and Neiman Marcus
breaches and also looked at FTC and law enforcement
efforts to combat data breaches and cybercrime.
Finally, the House Energy and Commerce