Data Security Act of 2007

A bill to protect information relating to consumers, to require notice of security breaches, and for other purposes.

5/1/2007--Introduced.
Data Security Act of 2007 - Prescribes security procedures which an entity that maintains or communicates sensitive account or personal information must implement and enforce in order to protect the information from an unauthorized use likely to result in substantial harm or inconvenience to the consumer.
Grants exclusive enforcement powers to specified federal regulatory agencies with oversight of financial institutions. Denies a private right of action, including a class action, regarding any act or practice regulated under this Act. Prohibits any civil or criminal action in state court or under state law relating to any act or practice governed under this Act. Prescribes data security standards to be implemented by federal agencies.
Preempts state law with respect to the responsibilities of any person to protect against and investigate such data security breaches and mitigate any losses or harm resulting from them.


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Sponsor

• Sen. Thomas Carper [D, DE]
• and 3 Co-Sponsors
  • Sen. Robert Bennett [R, UT]
  • Sen. Michael Crapo [R, ID]
  • Sen. Tim Johnson [D, SD]
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Committees

• Senate Banking, Housing, and Urban Affairs

Amendments

This bill has no amendments.

Amendments to S.1260

Number	Status	Purpose

Bill Status

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Introduced		Voted on by Senate		Voted on by House		Considered By President		Bill Becomes Law
May 01, 2007

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All Bill Actions

• May 01, 2007: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
• Introduced on May 01, 2007.

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Related Bills:

• H.R.1685

Related Issue Areas:

• Criminal justice
• Actions and defenses
• Administrative procedure
• Bank records
• 33 more
• Banks and banking
• Class actions (Civil procedure)
• Commodity Futures Trading Commission
• Computer security measures
• Consumer credit
• Consumer education
• Consumer protection
• Consumers
• Credit bureaus
• Crime prevention
• Data banks
• Department of the Treasury
• Executive departments
• Federal Deposit Insurance Corporation
• Federal Trade Commission
• Federal home loan banks
• Federal preemption
• Federal reserve system
• Finance
• Financial statements
• Fraud
• Government information
• Government paperwork
• Identification devices
• Identity theft
• Independent regulatory commissions
• Law
• National Credit Union Administration
• Securities and Exchange Commission
• State and local government
• State laws
• Technology
• Telecommunication

Data from the Congressional Research Service

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In the News

June 13, 2007 Washington Update - Privacy Bulletin - June 11, 2007

The "Data Security Act of 2007" (S. 1260) would require entities to safeguard sensitive information and notify consumers of a security breach that is likely ...

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Source: Mondaq News Alerts (subcription), UK

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Blog Coverage

December 16, 2008 Absichtliche Ohrfeige schmerzt mehr als eine zufällig zugefügte ...

Über ihre Ergebnisse berichten die Psychologen in der Fachzeitschrift «Psychological Science» (Bd. 19, S. 1260, DOI: 10.1111/j.1467-9280.2008.02208.x). Die Forscher teilten 48 freiwillige Teilnehmer in zwei Gruppen ein. ...

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Source: News Adhoc

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October 13, 2008 Massachusetts Nurse Practice Act

ANA; Nurses Back Massachusetts Patient Safety Act (S. 1260) ... Jane F. Mahowald, RN, BSN, MA, Continuing Education Instructor ... ... Mahowald, RN, BSN, MA is the Executive Director of the Ohio League for Nursing. ...

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Source: Arely

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August 23, 2008 Shopfloor » Blog Archive » Sen. Biden’s NAM Voting Record Over the ...

Uniform Securities Litigation Standard (S. 1260). Vote on legislation creating a uniform national standard for securities class action suits. Aims to close a loophole in a 1995 federal law that allows trial lawyers to file frivolous ...

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