News: Companies Clumsily Disclosing your Info may be Forced to go Public

From The Register: The EC is considering passing new laws that would make it mandatory for organisations which accidentally lose personal data to inform the people concerned and relevant authorities:

Supporters of such schemes say that the fear of public recriminations for data loss will improve companies' performances, while opponents fear that if every breach is revealed the public will become desensitised to the issue of data loss.