H.R.2545 - Data Breach Prevention and Compensation Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Cummings, Elijah E. [D-MD-7] (Introduced 05/07/2019)|
|Committees:||House - Financial Services|
|Latest Action:||House - 05/07/2019 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.2545 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (05/07/2019)
Data Breach Prevention and Compensation Act of 2019
This bill establishes an Office of Cybersecurity within the Federal Trade Commission (FTC). The office must supervise the data security of credit reporting agencies, including through annual examinations. The office must also investigate and enforce suspected violations by credit reporting agencies.
The bill also requires notification to the FTC, relevant law enforcement and intelligence agencies, consumers, and the public of a data breach affecting a credit reporting agency.