Senators Warren and Warner Introduce Cybersecurity Bill Aimed at Consumer Reporting Agencies

Senators Warren (D-Mass.) and Warner (D-Va.) introduced a bill today that would establish an Office of Cybersecurity at the FTC, charged with promulgating cybersecurity regulations and monitoring security of consumer reporting agencies, such as Equifax, require consumer reporting agencies to notify the FTC within 10 days of a breach, andimpose strict liability penalties for breaches of consumer data, beginning at $100 per consumer affected.

The text of the bill can be found here.

Senator Warren’s press release regarding the bill is here.

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