To amend the Gramm-Leach-Bliley Act to establish procedures for disclosures by financial institutions of nonpublic personal information, and for other purposes.
This bill requires a financial institution to report, within 72 hours of discovery, a data breach to the Consumer Financial Protection Bureau. The bureau must assess whether the breach requires disclosure to consumers.
Actions
Jun 15, 2021
Referred to the House Committee on Financial Services.