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 BluntA guide to the committees: Senate Judiciary Committee wants briefing, documents on Flynn resignation Intel Dem: House GOP now open to investigating Flynn MORE (Mo.) and Dean HellerDean HellerCornyn: Border wall 'makes absolutely no sense' in some areas Greens launch ads against two GOP senators for Pruitt votes GOP groups ramp up pressure on lawmakers over ObamaCare 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: