Federal Data Security Rules Said Needed to Stem Cyberattacks

Oct. 6, 2021, 5:20 PM

Former Federal Trade Commission officials and technology experts are calling on Congress to set broad federal data security standards to help stem the rising tide of ransomware and other cybercrime hits.

Current law “fails to present clear standards for data security,” and the FTC has “gaps” in authority that lead to piecemeal enforcement, Jessica Rich, an attorney at Kelley Drye & Warren LLP, told the Senate Commerce, Science and Transportation Committee at a hearing on the subject.

“While there are sector-specific laws with a data security component, it’s a messy and confusing patchwork,” said Rich, a former director of the ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.