3.0.0 961 2023-01-11T13:27:23Z 2023-01-11T13:27:23Z Senate S 2015-04-15 114 sscm00 Commerce, Science, and Transportation Committee Senate Standing Referred to 2015-04-15T22:05:51Z Data Security Act of 2015 114 2205 HR 2016-12-12 Reported (Amended) by the Committee on Financial Services. H. Rept. 114-867, Part I. Related bill CRS 2015-04-15 sscm00 Commerce, Science, and Transportation Committee Senate Read twice and referred to the Committee on Commerce, Science, and Transportation. IntroReferral 2015-04-15 Introduced in Senate IntroReferral 10000 9 Library of Congress C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. N B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2015-04-15 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2015-12-08 False Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Commodity Futures Trading Commission Computer security and identity theft Consumer credit Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Federal Trade Commission (FTC) Federal preemption Government information and archives Health information and medical records Insurance industry and regulation National Credit Union Administration Right of privacy Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2015-04-15 Introduced in Senate 2015-06-05T19:05:57Z Data Security Act of 2015

Requires individuals, corporations, or other non-government entities that access, maintain, communicate, or handle sensitive account information or nonpublic personal information to implement an information security program and to notify consumers, federal law enforcement, appropriate administrative agencies, payment card networks, and consumer reporting agencies of certain data breaches of unencrypted sensitive information likely to cause identity theft or fraudulent transactions on consumer financial accounts.

Directs entities to require their service providers by contract to implement appropriate safeguards for sensitive information.

Provides special notification procedures for: (1) third-party service providers that maintain data in electronic form on behalf of another entity, and (2) certain electronic data carriers.

Allows financial institutions to communicate with account holders regarding breaches at third-party entities with access to their account information.

Sets forth alternative compliance procedures for: (1) financial institutions and affiliates under the Gramm-Leach-Bliley Act, and (2) entities complying with certain health record privacy laws.

Requires this Act to be enforced by the Federal Trade Commission, the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration Board, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Office of Federal Housing Enterprise Oversight, or a state insurance authority depending on the type of entity handling the sensitive information.

Allows a consumer or entity that suffers financial harm from an entity's violation of this Act to bring an action in federal court to recover damages for negligent or knowing violations.

Prohibits certain state laws from being imposed for information security and breach notification purposes. Provides for the requirements of this Act to apply to certain entities in place of existing security practices and notifications standards currently enforced by the Federal Communications Commission.

]]> Data Security Act of 2015 Display Title Data Security Act of 2015 Official Title as Introduced A bill to protect information relating to consumers, to require notice of security breaches, and for other purposes. Introduced in Senate IS Short Titles as Introduced Data Security Act of 2015 Introduced in Senate 2015-04-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s961is/xml/BILLS-114s961is.xml 2015-04-15 Read twice and referred to the Committee on Commerce, Science, and Transportation. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.