H.R. 2545 - Data Breach Prevention and Compensation Act of 2019

Tags: 2010s Bill Data Breach Prevention and Compensation Act of 2019 Federal Trade Commission Office of Cybersecurity US Congress

Authors: Cummings, Elijah E. and Krishnamoorthi, Raja

Published: May 2019

URL: https://www.congress.gov/bill/116th-congress/house-bill/2545/text

Abstract: On May 7, 2019, Representatives Cummings and Krishnamoorthi introduced H.R. 2545, the Data Breach Prevention and Compensation Act of 2019. H.R. 2545 sought to create an Office of Cybersecurity at the Federal Trade Commission (FTC) for “supervision of data security at consumer reporting agencies, to require the promulgation of regulations establishing standards for effective cybersecurity for effective cybersecurity at consumer reporting agencies, to impose penalties on credit reporting agencies for cybersecurity breaches that put sensitive consumer data at risk, and for other purposes.” The bill did not receive a vote and died in the 116th Congress.