CNN: Attorney General Eric H. Holder Jr. on February 24 joined the group of administration officials calling on Congress to create a federal law requiring companies to report data breaches that affect consumer information. Such a law would help the Justice Department pursue cybercrime investigations, Holder said in a video address. He used the recent data breach at Target, which may have compromised the records of up to 70 million customers, as an example of why such a law is necessary. "As we've seen — especially in recent years — these crimes are becoming all too common," Holder said. "And they have the potential to impact millions of Americans every year."
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