HR 3911 · 117th Congress

To amend the Gramm-Leach-Bliley Act to establish procedures for disclosures by financial institutions of nonpublic personal information, and for other purposes.

<p>This bill requires a financial institution to report, within 72 hours of discovery, a data breach to the Consumer Financial Protection Bureau. The bureau must assess whether the breach requires disclosure to consumers.</p>

Sponsor

Lynch, Stephen F. (D-MA)

Introduced

2021-06-15

Policy area

Finance and Financial Sector

Latest action

Referred to the House Committee on Financial Services.