The House Financial Services Committee on Sept. 13 favorably reported legislation that would preempt the patchwork of state data breach notification requirements and establish a single national standard. Importantly, the bill's requirements do not apply to retailers, but is limited to the financial services industry.
An earlier draft of the bill included provisions that would apply to retailers including travel center owners and operators. NATSO sent several letters to the Financial Services Committee opposing these provisions.
In its letters, NATSO urged Congress to support federal legislation on data breach notification that establishes practical data security standards; maintains an appropriate enforcement regime; creates a uniform national law to replace existing state laws; and guarantees all breached entities have notice obligations.
The bill reported Sept. 13 is unlikely to become law this year.
NATSO members can access letters sent to the Committee here:
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