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Nelson Finalizing Data Security and Breach Notification Act

Senate Commerce Committee ranking member Bill Nelson, D-Fla., is planning to introduce the Data Security and Breach Notification Act, said a committee news release Tuesday. The bill’s draft version parallels many of the data breach proposals set out by President…

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Barack Obama in his speech at the FTC Monday (see 1501120043), including a 30-day consumer notification requirement for companies hit by such a breach, the release said. "How many more consumers will be affected before something is done?” Nelson asked in the release. “Now is the time Congress must act,” he said. “The bill would authorize both the FTC and state attorneys general to enforce the data security and breach notification provisions of the Act,” the release said. The bill is in the final stages of drafting, it said.