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    CBS Chicago: Illinois Attorney General Madigan Says Federal Government Should Investigate Data Breaches

    CBS’s Chicago affiliate reports on statements by Illinois Attorney General Lisa Madigan concerning data security and privacy:

    Illinois Attorney General Lisa Madigan on Wednesday called for the formation of a new federal agency to investigate data breaches in much the same way the National Transportation Safety Board investigates plane and train crashes.

    WBBM Newsradio’s John Cody reports Madigan said the federal government lacks a single group to determine the extent of damage caused by a data breach, and come up with ways to fix them and prevent them in the future. […]

    Madigan said data thieves are more likely to make online purchases with stolen private information in Chicago than Los Angeles or Miami. […]

    She also said too many companies collect too much private information, and keep it too long, enhancing the risk of identity theft.

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