Consumer Information Notification Requirement Act

This bill amends the Gramm-Leach-Bliley Act to require federal financial regulators to set forth rules regarding data breaches. Specifically, these rules must require financial institutions, banks, and specified others to notify customers of breaches likely to result in identity theft, fraud, or economic loss. The bill also requires state insurance authorities to establish and enforce similar standards for insurers.

Learn more at congress.gov

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If we are honest with ourselves today, we will acknowledge that the ideal of Democracy has never failed, but that we haven't carried it out.

First Lady Eleanor Roosevelt

1940

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