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Cyber

Former Security Officials Call For Greater Penalties Following Data Breaches

By Matthew Beinart

Friday, October 6th, 2017

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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…

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