Data Breach Prevention and Compensation Act of 2018
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Jan 10, 2018)
Data Breach Prevention and Compensation Act of 2018
This bill creates the Office of Cybersecurity within the Federal Trade Commission (FTC) that, in part, must:
- supervise, evaluate, and regulate specified agencies' management of data security;
- examine agencies annually for compliance with regulations;
- investigate an agency in the event of a breach covered by the bill or suspected noncompliance with regulations, and report on any findings of such investigation; and
- coordinate with the National Institute of Standards and Technology and the National Cybersecurity and Communications Integration Center of the Department of Homeland Security.
The office is authorized to: (1) investigate an agency's compliance with regulations regarding any data breach, and (2) enjoin an agency from violating specified regulations.
Specified consumer reporting agencies, in part, must:
- provide the office with information relating to security measures,
- demonstrate reasonable data protection measures, and
- notify the FTC of a covered breach.
The bill establishes civil penalties for violations and directs the FTC to enforce compliance.
What just happenedJul 12, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who’s behind it
- Introduced in SenateJan 10, 2018
- Jul 12, 2018Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Banking, Housing, and Urban Affairs Committee - Jan 10, 2018IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jan 10, 2018IntroReferral10000
Introduced in Senate