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Administrative/Regulatory

May 23, 2018

Potential new liability regime for credit reporting agencies

The California Legislature is considering enacting Assembly Bill 1859, which would impose substantial new security obligations on consumer credit reporting agencies and companies that contract with such agencies.

Jonathan C. Sandler

Shareholder
Brownstein Hyatt Farber Schreck LLP

2049 Century Park E Ste 3550
Los Angeles , CA 90067

Phone: (310) 500-4600

Fax: (310) 500-4602

Email: jsandler@bhfs.com

Loyola Law School

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Rosanna Carvacho

Shareholder
Brownstein Hyatt Farber Schreck LLP

Email: rcarvacho@bhfs.com

Rosanna is based in the firm's Sacramento office. She has worked in and around California politics for over 15 years.

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The California Legislature is considering enacting Assembly Bill 1859, which would impose substantial new security obligations on consumer credit reporting agencies and companies that contract with such agencies. Under AB 1859, credit reporting agencies and their contractors would be required to expediently apply software updates to their systems, proactively identify and address vulnerabilities, and regularly test their systems. A credit reporting agency or contracto...

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