Bill > LB757

This bill changes provisions of the Credit Report Protection Act and the Financial Data Protection and Consumer Notification of Data Security Breach Act of 2006. Specifically, it: 1) Defines a "substantially similar type of security product" as any product that provides the same level of protection to a consumer's or protected consumer's credit report as a security freeze, regardless of the contact method used. 2) Removes the fee for placing, temporarily lifting, or removing a security freeze or similar security product, except if the product provides greater protection than a security freeze. 3) Requires individuals and commercial entities that own, license, or maintain computerized data with personal information about Nebraska residents to implement and maintain reasonable security procedures and practices to protect that information, including when they disclose it to third-party service providers. 4) Allows the Attorney General to enforce violations of the new security requirements as violations of the Consumer Protection Act, though does not create a private cause of action. The bill aims to strengthen consumer protections around credit reports and personal data security in Nebraska.

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https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=33987