Data Breach Prevention and Compensation Act of 2018
Official title: A bill to create an Office of Cybersecurity at the Federal Trade Commission for supervision of data security at consumer reporting agencies, to require the pro… Show full official titleShow less
Official title: A bill to create an Office of Cybersecurity at the Federal Trade Commission for supervision of data security at consumer reporting agencies, to require the promulgation of regulations establishing standards for effective cybersecurity at consumer reporting agencies, to impose penalties on credit reporting agencies for cybersecurity breaches that put sensitive consumer data at risk, and for other purposes.
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Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-361.
Data Breach Prevention and Compensation Act of 2018
This bill creates the Office of Cybersecurity within the Federal Trade Commission (FTC) that, in part, must:
- supervise, evaluate, and regulate specified agencies' management of data security;
- examine agencies annually for compliance with regulations;
- investigate an agency in the event of a breach covered by the bill or suspected noncompliance with regulations, and report on any findings of such investigation; and
- coordinate with the National Institute of Standards and Technology and the National Cybersecurity and Communications Integration Center of the Department of Homeland Security.
The office is authorized to: (1) investigate an agency's compliance with regulations regarding any data breach, and (2) enjoin an agency from violating specified regulations.
Specified consumer reporting agencies, in part, must:
- provide the office with information relating to security measures,
- demonstrate reasonable data protection measures, and
- notify the FTC of a covered breach.
The bill establishes civil penalties for violations and directs the FTC to enforce compliance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2289: Data Breach Prevention and Compensation Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-S-2289/
"S. 2289: Data Breach Prevention and Compensation Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-2289/.
S. 2289, 115th Cong. (2026), https://openamerica.io/bill/115-S-2289/.
[S. 2289: Data Breach Prevention and Compensation Act of 2018](https://openamerica.io/bill/115-S-2289/)