Sec. 10. Report on data security risk assessments in examinations of consumer reporting agencies
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/bill/116/hr/5332/rds/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 90 days after the date of the enactment of this Act, the Director of the Bureau of Consumer Financial Protection shall assess whether examinations conducted by the Director of consumer reporting agencies described under section 603(f) of the Fair Credit Reporting Act ( 15 U.S.C. 1681a(f) ) include sufficient processes to addresses any data security risks to the consumers of such agencies on which such agencies maintain and compile files. Along with the first semiannual report required under section 1016(b) of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5496(b) ) to be submitted after the 90-day period after the date of the enactment of this Act, the Director shall submit to Congress a report containing the results of such assessment that includes— recommendations for improving the processes to addresses any such data security risks; and the progress of the Director on making any improvements described under paragraph (1).
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Sec. 10
Report on data security risk assessments in examinations of consumer reporting agencies
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