Rep. Ed Perlmutter (D-Colo.) introduced legislation this month to subsidize data breach insurance for businesses while encouraging practices that would keep them from ever having to use it. The Data Breach Insurance Act would offer a tax deduction of 15 percent of the cost of breach insurance. Perlmutter said he has received positive feedback for the […]
The government may have used compromised software for up to three years, exposing national security secrets to foreign spies, according to lawmakers and security experts. Observers increasingly believe the software defect derived from an encryption “backdoor” created by the National Security Agency. Foreign hackers likely re-purposed it for their own snooping purposes. The House Oversight […]
It may have been easy for Congress on Friday to approve the Cybersecurity Information Sharing Act (CISA), despite past controversy around it. This bill does not hike federal spending or impose sweeping regulatory rules. Its main feature is something many firms will be happy to get: liability protection if they share information with the government […]
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