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S. 2289

BillFederalSenateIn Committee
Data Breach Prevention and Compensation Act of 2018
About This Bill
Committee
Latest Action · July 12, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Congress
115th (2017–2019)
Introduced
January 10, 2018
Cosponsors (3)
3D 0R
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Summary

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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.

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