A bill to protect consumers by requiring reasonable security policies and procedures to protect data containing personal information, and to provide for nationwide notice in the event of a breach of security.

Data Security and Breach Notification Act This bill requires the Federal Trade Commission to require certain entities that own or possess data containing personal information, or that contract with a third-party to maintain or process such information, to implement certain information-security policies and procedures for the treatment and protection of the information. Such entities must provide specified notice following the discovery of a security breach of such information.