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Data Breach Prevention and Compensation Act reintroduced
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Legislative Developments
Monday, May 13, 2019
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A group of Democratic senators and representatives reintroduced the Data Breach Prevention and Compensation Act, designed to provide robust compensation to consumers for stolen data, impose mandatory penalties on credit reporting agencies for data breaches and give the Federal Trade Commission more direct supervisory authority over data security at CRAs. Read on for more details.
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