Elizabeth Warren Wants Prison Time For CEO’s Whose Companies Are Victims Of Data Breach Crimes

On Wednesday, 2020 hopeful Senator Elizabeth Warren (D-MA) proposed sending corporate executives to prison over massive data breaches.

The dingbat from Massachusetts wants to punish the victims of a data breach crime, as if the corporation was in on it.  Corporations usually take strong measures to protect their clients’ data, but hackers and thieves are always coming up with better ways to breach security technology.

Warren singled out the huge data breach in 2017 at Equifax that compromised the personal records of almost 150 million Americans, recommending prison time for CEOs as part of a legislative proposal meant to hold corporations accountable.

Next, Warren will hold bank managers responsible if the bank gets robbed.

Warren’s bill, the “Corporate Executive Accountability Act,” calls for increasing the already existing criminal liability to negligent executives of corporations with more than $1 billion in annual revenue that are found liable “for the violation of any civil law if that violation affects the health, safety, finances or personal data of one percent of the American population or one percent of the population of any state.”

First-time violators would face up to a year in prison under Warren’s bill, and repeat offenders would get up to three years if the proposal succeeds.

Warren also reintroduced the Ending Too Big to Jail Act, which seeks to hold big bank executives accountable when their banks break the law.

“Corporations don’t make decisions, people do, but for far too long, CEOs of giant corporations that break the law have been able to walk away, while consumers who are harmed are left picking up the pieces,” Warren said in a statement, adding that passage “would force executives to responsibly manage their companies, knowing that if they cheat their customers or crash the economy, they could go to jail.”

Government is not immune to data breaches, yet Warren, in typical progressive fashion, is only concerned with going after corporations.

Here’s a list going from smallest to largest in terms of the number of individuals affected, the 10 biggest government data breaches include:

  • 10. State of Texas: 3.5 Million Affected (April 2011)
  • 9. South Carolina Department of Revenue: 3.6 Million Affected (October 2012)
  • 8. Tricare: 4.9 Million Affected (September 2011)
  • 7. Georgia Secretary of State Office: 6.2 Million Affected (November 2015)
  • 6. Office of the Texas Attorney General: 6.5 Million Affected (April 2012)
  • 5. Virginia Department of Health Professions: 8.3 Million Affected (May 2009)
  • 4. U.S. Office of Personnel Management (OPM): 21.5 Million (June 2015)
  • 3. U.S. Department of Veteran Affairs: 26.5 Million Affected (May 2006)
  • 2. National Archives and Records Administration (NARA): 76 Million Affected (October 2009)
  • 1. U.S. Voter Database: 191 Million Affected (December 2015)  (That’s 41 million more breached than Equifax)

How about a law that puts people in prison for lying about their heritage in order to advance their career, say, someone who claimed to be American Indian to get a job and/or tenure in academia?  That is fraud, and it harmed their employer and any innocent person who should have gotten a career advance instead of the fraudster.

We could also make a law called the Members of Congress Accountability Act that lists the names of members of Congress who used taxpayer dollars as hush money payments to their victims of sexual harassment and sexual assault?

Congress should clean up its own act before acting all high and mighty against corporations while running for higher office.

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