My right to protect my identity comes before, some companies "reputation" or devaluation of their stock.

It has appeared that companies are often so busy avoiding bad press that they do not report breaches in a timely manner. A federal standard would put them on an equal playing field with other businesses. And better protect consumers!

This bill provides the consumer with more information about what is truly going on with the finances, and it protects consumers, no reason why to not pass this bill.

As protecting one's personal information becomes more difficult, we all deserve the right to know if our information has been breached. A national standard would set a precedent and keep unscrupulous companies from hiding breaches.

It is important to promptly notify affected people about data breaches. However, the bill should be amended to include all non-business holders of personal data, including governments at all levels and NGO's, and not-for-profit entities.

The longer a person is kept in the dark about a data breach the more time thieves have to exploit that information. A quick example is if your SSN, DOB, etc. was released multiple credit cards could be opened up in your name and maxed out without your knowledge. This can be averted by freezing your credit report, changing key information on all your major accounts, and generally avert the worst case scenarios, but only if notified in a timely manner. Majority of people only check their credit report once a year and that's plenty of time to ruin someone financially.

companies have the responsibility to protect their users. if they fail in any way to do that they should be required to disclose their failure so people can take steps to protect their assets and identity.

Corporations are not famous for their i'll truism. In fact whenever they do a fundraiser or donation, in the end it always a act in order to benefit the company and more so the shareholders. The government has a duty toinsert the safety of its citizens. Today identity theft and theft is one of the scariest situations one can face. Perhaps some corporations will inform their customers that their identity and information has been breached, however I feel that they will avoid informing their customers as much as possible in order to ensure that their reputation remains in good standing. Having a day to preach is certainly not a positive for any company or organization. While this includes The United States, United States still has to deal with the situation and up approach it with as much security and have the willingness to not only be defensive but to go on the offense of to defend our nation's information, consumer and corporate.

Corporations cannot be trusted to inform people of data breaches if it could impact their reputation and thus their bottom line. They will cover up instead. No reason to trust them at all.

Businesses and organizations are generally as likely to bury the breach than report it. Often a couple days go by before a breach is announced as the organization investigates the extent of the breach, drafts their careful and semi-accurate statements for the press and their customers and ultimately does little to plug the dam against future breaches. We must hold organizations fiscally responsible for financial problems arising from sensitive data breaches as well as requiring follow up on what actions are ultimately taken to resolve the issue. We must also understand that not all breaches are caused by the reporting organization being lazy. Often technical vulnerabilities, especially in larger size organizations take significant effort and time to remedy. Patching your home computer of vulnerabilities takes time. Multiply that by the number of systems deployed by an organization, regardless of size, and triple that time for server systems.

Considering the past performances of some companies that have taken their time to report breaches. Yes.