Proposed Data Breach Prevention and Compensation Act of 2018
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SethJaffe
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In what appears to be a direct response to last year’s Equifax Breach, Senators Elizabeth Warren and Mark Warner introduced, this week, the Data Breach Prevention and Compensation Act, directly targeting large Credit Reporting Agencies (“CRAs”) like Equifax, Experian, and TransUnion. The Act comes with quite a sting, allowing for fines of up to 75% [...]read more