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House Panel to Discuss Data Security This Week
Monday, March 5, 2018 6:35 AM

The House and Senate are both in session this week, and in addition to an expected Senate vote on the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), the House Financial Services Subcommittee will take up data security on Wednesday.  

The draft bill builds on provisions from the Data Security Act of 2015, which would have created a strong national data security standard for retailers, held them accountable for breaches on their end, and recognized credit unions’ compliance with the Gramm-Leach-Bliley Act.

In expectation of the hearing, chair of the subcommittee, Rep. Blaine Luetkemeyer (R-Mo.), recently released draft legislation that would create a strong national data security standard for retailers and other entities.