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Helping Mitigate the Impacts of Data Breaches
In 2014, there were 783 reported data breaches in the U.S. which exposed 85.6 million records, according to the Bipartisan Policy Center. The average cost of a data breach is now $3.8 million, up from $3.5 million a year ago, according to data security research organization, Ponemon. And IBM estimates businesses are attacked an average of 16,856 times a year – or 46 attacks on every business every day, nearly two attacks an hour.

That’s why I introduced new legislation this week encouraging American businesses to fortify their systems and networks in an effort to mitigate the impact of cyber-attacks and data breaches. 

The Data Breach Insurance Act (H.R. 6032) provides a two-prong approach by providing a fifteen percent tax credit to companies who purchase data breach insurance coverage and adopt the National Institute of Standards and Technology (NIST) Cybersecurity Framework or any other standard approved by the Secretary of Treasury. 

Whether in the private sector or government sphere, hacks expose vulnerabilities and compromise our personal information including our financial records and identifications. They inconvenience our lives requiring new credit cards, credit monitoring and ID theft protection, and they can cost companies their reputations and billions of dollars. As more and more businesses become targets of cyber-attacks, it is more important than ever for them to be protected. 

U.S. Census Report Shows Big Boost for Household Incomes; Strong Economic Growth

In 2015, median household incomes rose 5.2% - the largest increase in about half a century. Additionally, poverty fell by 1.2%, the pay gap shrank to the lowest level ever and fewer Americans are without health insurance. We are making progress.

As more of the middle class begins to feel the economic recovery, Congress should lay the groundwork to expand the middle class and continue economic growth. We need to address student loan debt, invest in 21st century infrastructure and help small businesses grow.
I’m happy to see the economic recovery reaching more families in Colorado and across the nation, but we still have more work to do to ensure every American can achieve their own American dream.

You can read the full report on Income and Poverty from the U.S. Census Bureau here.

Applications for Service Academy Nominations Due October 1, 2016
As a Member of Congress, I have the honor and privilege of nominating candidates to the United States Military service academies. 

Candidates are evaluated using a competitive system that includes a personal interview and a review of candidate applications, essays, academic records, letters of recommendation, community involvement, and character and leadership experience. Nominations are made prior to January 31, 2017. 

For information on eligibility requirements, the application procedure or selection process, please visit my website or call my office at (303) 274-7944.

WANTED: New Youth Advisory Council Members
Attention High School Students: I am now accepting applications for my 2016-2017 Youth Advisory Council. As a Youth Advisory Council member, participants will be asked to attend meetings and share their perspective, experience and ideas with the other council members and me on a variety of topics, current events and upcoming legislation. Please visit my website or call my office for more information.

Upcoming Events
What: West Metro Veterans Fair – The City of Lakewood is hosting a Veterans fair to answer questions about career planning, health care and more.
When: Tuesday, Sept. 20 | 1:00 – 5:00 p.m.
Where:  Lakewood Elks Lodge #1777 - 1455 Newland St., Lakewood | MAP
Website: http://lakewood.org/VeteransFair/

What: Community Resource and Employment Fair - Meet with employers, apply for jobs, and attend our free job workshops.
When: Thursday, Oct. 6, 2016 |9:00 a.m. – 2:00 p.m. 
Where: Waymire Dome, Adams County Regional Park - 9755 Henderson Rd., Brighton | MAP
Site: http://www.co.adams.co.us/CivicAlerts.aspx?AID=730

What: Rep. Perlmutter’s Senior Resource Fair – Find information on mobility services, health care, or other services offered in your community 
When: November 15 | 10:00 a.m. to noon
Where: Wheat Ridge Recreation Center - 4005 Kipling St, Wheat Ridge, CO 80033 | MAP
Click here to RSVP.