ID Theft/Data Security

Consumer and Privacy Groups Oppose HR 6743, the Consumer Information Notification Requirement Act

In a letter to members of the House Financial Services Committee, consumer and privacy groups urged representatives to vote against HR 6743, the Consumer Information Notification Requirement Act. The bill – which might also be called the “Equifax Protection Act” – largely restates and even narrows modest data breach requirement currently in place, while also preempting all state data breach, data security, and other privacy laws as they apply to both financial institutions and their affiliates.

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