National Data-breach Law Would Help Fight Cybercrime

National Data-breach Law Would Help Fight Cybercrime

A U.S. law that would require IT companies to report data breaches to potential victims could help law enforcement agencies fight the growth of cybercrime and make the cyber world think of IT security, a U.S. Federal Bureau of Investigation official said Wednesday.
If U.S. businesses were required to share information about their data breaches, law enforcement agencies could link those attacks to others and potentially stop similar attacks at other organizations, said Jeffrey Troy, chief of the FBI's Cyber Criminal Section.

A data-breach notification bill "would help us tremendously, particularly in terms of efficiency in conducting investigations," Troy said during a cybersecurity discussion in Washington, D.C.

Companies need to think beyond their walls when dealing with cybersecurity issues, Troy said. "They have to recognize that the Internet has become a global platform for commerce," he said. "The people that are stealing information from you are going after the money."