1st State. Data Broker Regulation Bill. 4 Takeaways + 4 Talking Points + 4 Stakeholders

Vermont’s H.764 (2017-2018 | VT)  creates the first data broker regulations that will:

  • eliminates costs on credit freezes & thaws
  • establishes a registry and security standards for 3rd party ‘data broker’ industry
  • clarifies data security requirements for commercial entities
  • criminalizes acquiring data for fraudulent purposes, including harassment & discrimination

 

Talking Points for H764 which will give Vermont residents:

  • greater privacy
  • saves them money
  • gives them information and tools to keep their personal information secure
  • “light touch regulation”

Stateholders:

  • economic development interests
  • data industry
  • consumer protection interests

VT Digger | Vermont first to pass data broker regulation bill