DATA Act Protection: Effects of a Federal Breach Notification Law
The Data Accountability and Trust Act, should it become law, would mandate new breach notification requirements. What does this mean for enterprises? This article will look at the new reporting requirements and examine when and how your organization will have to report a breach to the FTC and what new steps you’ll have to institute to comply.
Designed to protect personally identifiable information (PII) from misuse, the DATA Act, if passed, would be similar to many existing state identity data breach notification laws requiring organizations that are entrusted with PII to report breaches promptly once they are discovered. If made into law, the DATA Act would help to alleviate the complexity of compliance with state identity protection laws by making the process of notification more manageable and less expensive.
Continue reading to learn more about DATA Act protection.