Data Breach Prevention and Compensation Act of 2018
Latest action · Jul 12, 2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-361.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 10, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Jan 10, 2018 to Mar 6, 2018; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-VA | Mark R. Warner | Original | Jan 10, 2018 |
| D-NH | Jeanne Shaheen | Feb 28, 2018 | |
| D-MI | Debbie Stabenow | Mar 6, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Jan 10, 2018Hearings Jul 12, 2018 |
Actions 3
Everything that happened, newest first.
- Jul 12, 2018Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-361.
- Jan 10, 2018Introduced in Senate
- Jan 10, 2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to create an Office of Cybersecurity at the Federal Trade Commission for supervision of data security at consumer reporting agencies, to require the promulgation of regulations establishing standards for effective cybersecurity at consumer reporting agencies, to impose penalties on credit reporting agencies for cybersecurity breaches that put sensitive consumer data at risk, and for other purposes.
- Short Titles as Introduced
- Data Breach Prevention and Compensation Act of 2018
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Administrative law and regulatory procedures
- Civil actions and liability
- Computer security and identity theft
- Consumer credit
- Consumer Financial Protection Bureau
- Department of Commerce
- Department of Homeland Security
- Executive agency funding and structure
- Federal Trade Commission (FTC)
- Finance and Financial Sector
- Government employee pay, benefits, personnel management
- Government studies and investigations
Text 1
Each version as it was printed, newest first.
- Jan 10, 2018Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
