On September 26, the Senate Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security convened a hearing titled "FTC Stakeholder Perspectives: Reform Proposals to Improve Fairness, Innovation, and Consumer Welfare." In his opening statement, Senator Blumenthal stated that he would push for a measure that would provide the Federal Trade Commission ("FTC") with "the ability to prescribe rules requiring reasonable security practices."

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.