New law to compel US businesses to inform users of data breaches

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The United States Congress plans to introduce a bill that would push companies to report a breach within 30 days of its occurrence, or else. The law echoes similar efforts in the European Union, which aims to enforce similar regulations next year.

Article Link: http://feedproxy.google.com/~r/BusinessInsightsInVirtualizationAndCloudSecurity/~3/4itLv71_w7c/new-law-to-compel-us-businesses-to-inform-users-of-data-breaches