Sen. Pat Toomey (R-Pa.) introduced a bill on behalf of himself and four other Republican senators setting national standards for how companies inform individuals of a breach of security related to personal information.
Toomey, alongside Sens. Olympia Snowe (Maine), Jim DeMint (S.C.), Roy BluntRoy BluntTop Dems prep for future while out of the spotlight Overnight Healthcare: Pressure mounts for changes to GOP ObamaCare bill Pressure mounts for changes to ObamaCare bill MORE (Mo.) and Dean HellerDean HellerRed-state Dems in Supreme Court pressure cooker This week: House GOP faces make-or-break moment on ObamaCare Shutdown politics return to the Senate MORE (Nev.), introduced the Data Security and Breach Notification Act of 2012 (S.3333) on Thursday.
The personal information cited by the legislation includes Social Security numbers, driver's license numbers, financial account numbers, credit or debit card numbers and related security codes. Failure to follow the notification standard under the act goes results in a fine as high as $500,000.
Some Republicans in Congress have expressed support for something like the Data Security Act because they prefer a singular, national standard rather than differing state laws.
Read the bill below: