Business

Holder seeks national standards to address data breaches

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Attorney General Eric Holder is urging Congress to require businesses to quickly alert consumers and law enforcement agencies of significant data breaches like the ones at Target and at Neiman Marcus.

In a video posted Monday on the Justice Department’s website, Holder called on Congress to create a national standard for notifying consumers whose information may have been compromised, so people can protect themselves from identity theft.

Holder said that congressional action would let law enforcement agencies investigate such crimes thoroughly and would hold companies accountable when they fail to safeguard sensitive information.

Holder said there should be exemptions for harmless breaches to avoid placing unnecessary burdens on businesses that act responsibly.

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