New York Consumer Law Blog

Wednesday, November 21, 2018

Rubio, Kennedy Introduce Bill To Protect Small Businesses From Security Breaches

Today, U.S. Senators Marco Rubio (R-FL) and John Kennedy (R-LA) introduced the Small Business Credit Protection Act, legislation that would require credit bureaus to inform small businesses, within 30 days, of a nonpublic personal data breach. The bill would also prohibit credit bureaus from charging small businesses for a credit report within 180 days following a breach. In response to the Equifax data breach, Congress amended the Fair Credit Reporting Act to enhance some federal credit protections for “consumers.” However, business credit is excluded from the statutory definition of “consumers” and thus, while small business’ nonpublic information was subject to the breach, the changes did not apply to those using business credit.  
 

https://www.rubio.senate.gov/public/index.cfm/press-releases?ID=312175C3-C942-456E-AF62-CD904812BC39


Archived Posts

2019
2018
December
November
October
September
August
July
June
May
April
March
February
January
2017
December
November
October
September
August
July
June
May
April
March
February
January
2016


Contact us online to get started today



© 2019 Law Office of Adam G. Singer, PLLC | Disclaimer | Attorney Advertising
60 E. 42nd St., Suite 4600, New York, NY 10165
| Phone: 212.842.2428
75 Montebello Road, Suffern, NY 10901
| Phone: 212.842.2428
445 Hamilton Ave., Suite 1102, White Plains, NY 10601
| Phone: 212.842.2428

About | Practice Areas | FAQ | Consult Request

Law Firm Website Design by
Amicus Creative