Aerospace Group:

Cyber

Former Security Officials Call For Greater Penalties Following Data Breaches

By Matthew Beinart

Friday, October 6th, 2017

SHARE:

Former Security Officials Call For Greater Penalties Following Data Breaches

Former national security officials Richard Clarke and Ret. Gen. Michael Hayden at a Washington Post cyber event. Photo: Matthew Beinart.

For companies like Equifax [EFX] to take massive breaches of personal data more seriously, Congress might consider implementing similar penalties to those paid by oil companies following spills, according to two former national security officials.Former CIA and National Security Agency Director Michael Hayden and former White House National Coordinator for Security, Infrastructure Protection and Counterterrorism Richard Clarke argue a lack of governance and governmental pressure led to Equifax succumbing to a hack of over 145 million citizens’ personal data.“Companies like…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]