Data Security Bill Introduced in Senate
Sens. Tom Carper, D-Del., and Roy Blunt, R-Mo., introduced the Data Security Act (S-961) Thursday, a joint news release said. The legislation is “modeled after the data security and breach-response regime established under the Gramm-Leach-Bliley Act of 1999 and subsequent…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
regulations,” the release said, and “builds on existing law to better ensure data security procedures are uniformly applied.” The bipartisan legislation would “better protect consumers from identity theft and account fraud by establishing a clear set of national standards that would help the prevention of and response to data breaches at public and private institutions,” the release said. “Despite the increasing frequency and scope of data breaches, there still is no single federal law that provides clear, consistent, and comprehensive protection to American consumers impacted by a data breach,” Carper said. “Our bipartisan and comprehensive legislation would better serve consumers by ensuring that entities handling secure personal and financial information take the steps necessary to protect it and respond swiftly and effectively in the unfortunate event of a breach,” he said. "As the role of the Internet in Americans' daily lives is constant and evolving, so is the job of protecting and securing private citizens' personal information," Blunt said.