House panel approves data breach notification bill

20.07.2011

Republicans defended the bill, saying it strikes the right balance between consumer protection and overly aggressive regulation.

The bill is "a measured response to an identified problem," said Representative Fred Upton, a Michigan Republican and chairman of the full committee. "Data breaches of consumers' personal information -- whether by accident or deliberate criminal activity -- can lead to identity theft, fraud, and other unlawful conduct."

The IDG News Service