The civic record
Read. Follow. Verify.Congressional Hearing on Data Security and Breach Notification Rules
Record date · January 1, 2018
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Does
This document is a transcript record of a February 14, 2018, House subcommittee hearing. Lawmakers and industry experts met to discuss the effectiveness of current federal and state regulations regarding how companies protect consumer data and notify the public when a security breach occurs.
The hearing explores potential changes to federal data security laws that could alter how financial institutions and other businesses are required to protect consumer information and report data breaches to the public.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Financial Institutions
These entities are subject to current data security regulations and potential future changes to breach notification requirements.
Consumers
Consumers are the subjects of the data being protected and the recipients of breach notifications when security incidents occur.
Key Facts
- The hearing was held on February 14, 2018, by the Subcommittee on Financial Institutions and Consumer Credit.
- The session focused on evaluating the existing regulatory framework for data security and breach notification requirements.
- Five expert witnesses provided testimony regarding industry standards and regulatory gaps.
- The record includes written statements from various trade associations, including the Independent Community Bankers of America and the National Association of Insurance Commissioners.
Show all 6 facts
- Witnesses provided written responses to follow-up questions submitted by Representative Denny Heck.
- The hearing is documented as Serial No. 115-73 of the 115th Congress.
Frequently Asked Questions
What was the purpose of this hearing?
Who testified at the hearing?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Pre-GDPR Context
The hearing occurred in early 2018, just months before the implementation of the EU's GDPR, which influenced the discussion on U.S. data protection standards.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
Publisher tools