Program Description: Target, Home Depot, Neiman Marcus, and JP Morgan Chase are part of the expanding list of firms whose data systems have been breached in the last year, exposing customers to identity theft, financial fraud, and phishing scams. There has been growing concern that the state patchwork of data breach laws are leaving both businesses and consumers unsatisfied. Businesses are concerned that serial litigation will become the norm as state attorneys general consider investigation and potential litigation. What legal obligations should businesses have to prevent data breaches or to protect consumers after a breach occurs? What security standards and enforcement mechanisms are necessary to tackle this issue? Should Congress consider a federal standard, and how would such a standard affect state and private litigation?
For More Information, Contact: Congressional Civil Justice Caucus Academy