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Transcripts For CSPAN Key Capitol Hill Hearings 20140206

Must act to pass Data Security and breach notification legislation. The administration has proposed similar legislation. Congress must act again and we must ensure that such legislation makes its way to the president s desk for signature. To that end, im most interested to hear any opinions of the f. T. C. And what they may wish to share to us. All my questions this morning will be addressed to chairman ramirez. Now, chairman, in your written testimony, indicates that the commission enforces a variety of statutes such as gramleach bliley and Privacy Protection act. Do any of these acts require an f. T. C. Entity whose collection of personal identification has been breached to notify customers . Yes or no . No. That is needed, i assume . Yes. Absolutely. Now madam chairman, do any of these acts require notification of the federal trade commission or Law Enforcement in general of such a breach, yes or no . No. Madam chairman, should the Congress Enact a federal Data Security and breach n

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