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          <title>WashingtonWatch.com - Revisions for S. 1260, The Data Security Act of 2007</title>
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<title>Revision by webmaster (June 14, 2007, 18:28:44)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1260.html?rev=977</link>
<description>&lt;p&gt;S. 1260 would protect information relating to consumers, and it would require notice of security breaches.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/1/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">977@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 14 Jun 2007 17:28:44 EDT</pubDate>
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<item>
<title>Revision by webmaster (June 14, 2007, 18:28:44)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1260.html?rev=978</link>
<description>&lt;p&gt;S. 1260 would protect information relating to consumers, and it would require notice of security breaches.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Data Security Act of 2007 - Prescribes security procedures which an entity that maintains or communicates sensitive account or personal information must implement and enforce in order to protect the information from an unauthorized use likely to result in substantial harm or inconvenience to the consumer.&lt;/p&gt;

&lt;p&gt;Grants exclusive enforcement powers to specified federal regulatory agencies with oversight of financial institutions.&lt;/p&gt;

&lt;p&gt;Denies a private right of action, including a class action, regarding any act or practice regulated under this Act.&lt;/p&gt;

&lt;p&gt;Prohibits any civil or criminal action in state court or under state law relating to any act or practice governed under this Act.&lt;/p&gt;

&lt;p&gt;Prescribes data security standards to be implemented by federal agencies.&lt;/p&gt;

&lt;p&gt;Preempts state law with respect to the responsibilities of any person to protect against and investigate such data security breaches and mitigate any losses or harm resulting from them.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/1/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">978@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 14 Jun 2007 17:28:44 EDT</pubDate>
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