prohibit the timely approval of any subsequent 
request or application you make regarding new 
loans, credit, mortgage, insurance, government 
services or payments, rental housing, employ-
ment, investment, license, cellular phone, utili-
ties, digital signature, internet credit card trans-
action, or other services, including an extension 
of credit at point of sale. 
‘‘ ‘When you place a security freeze on your 
consumer credit report, within 10 business days 
you will be provided a personal identification 
number or password to use if you choose to re-
move the freeze on your consumer credit report 
or authorize the release of your consumer credit 
report for a specific party, parties or period of 
time after the freeze is in place. 
‘‘ ‘To provide that authorization, you must 
contact the consumer reporting agency and pro-
vide all of the following: (1) The unique personal 
identification number or password provided by 
the consumer reporting agency (2) Proper identi-
fication to verify your identity (3) The proper 
information regarding the third party or parties 
who are trying to receive the consumer credit re-
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port or the period of time for which the report 
shall be available to users of the consumer report. 
‘‘ ‘A consumer reporting agency that receives 
a request from a consumer to lift temporarily a 
freeze on a consumer credit report shall comply 
with the request no later than 3 days after re-
ceiving the request. 
‘‘ ‘A security freeze does not apply to a per-
son or entity, or its affiliates, or collection agen-
cies acting on behalf of the person or entity with 
which you have an existing account that requests 
information in your consumer credit report for 
the purposes of reviewing or collecting the ac-
count, if you have previously given your consent 
to this use of your consumer credit report. Re-
viewing the account includes activities related to 
account maintenance, monitoring, credit line in-
creases, and account up-grades and enhance-
ments. 
‘‘ ‘If you are actively seeking credit, you 
should understand that the procedures involved 
in lifting a security freeze may slow your own 
applications for credit. You should plan ahead 
and lift a freeze, either completely or temporarily 
if you are shopping around, or specifically for a 
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certain creditor, a few days before actually ap-
plying for new credit.’. 
‘‘(j) EFFECT ON GLBA.— 
‘‘(1) DEPOSITORY
INSTITUTIONS.—The current 
and any future breach notice regulations and guide-
lines under section 501(b) of the Gramm-Leach-Bliley 
Act with respect to depository institutions shall be su-
perseded, as of the effective date of the regulations re-
quired under subsection (k)(3)(A), relating to the spe-
cific requirements of this section. 
‘‘(2) NONDEPOSITORY INSTITUTIONS.—The cur-
rent and any future data security regulations and 
guidelines under section 501(b) of the Gramm-Leach- 
Bliley Act with respect to nondepository institutions 
shall be superseded as of the effective date of the regu-
lations required under subsection (k)(3)(A), relating 
to the responsibilities under this section. 
‘‘(k) UNIFORM DATA SECURITY SAFEGUARD REGULA-
TIONS.— 
‘‘(1) UNIFORM
STANDARDS.—The Secretary of 
the Treasury, the Board of Governors of the Federal 
Reserve System, and the Commission shall jointly, 
and the Federal functional regulatory agencies that 
have issued guidance on consumer breach notification 
shall jointly with respect to the entities under their 
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jurisdiction, develop standards and guidelines to im-
plement this section, including— 
‘‘(A) prescribing specific standards with re-
spect to subsection (g)(3) setting forth a reason-
ably unique and, pursuant to paragraph (2)(B), 
exclusive color and titling of the notice, and 
standardized formatting of the notice contents 
described under such subsection to standardize 
such communications and make them more likely 
to be reviewed, and understood by, and helpful to 
consumers, including to the extent possible plac-
ing the critical information for consumers in an 
easily understood and prominent text box at the 
top of each notice; 
‘‘(B) providing in such standards and 
guidelines that the responsibility of a consumer 
reporter to provide notice under this section— 
‘‘(i) has been satisfied with respect to 
any particular consumer, even if the con-
sumer reporter is unable to contact the con-
sumer, so long as the consumer reporter has 
made reasonable efforts to obtain a current 
address or other current contact informa-
tion with respect to such consumer; 
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‘‘(ii) may be made by public notice in 
appropriate cases in which— 
‘‘(I) such reasonable efforts de-
scribed in clause (i) have failed; or 
‘‘(II) a breach of data security in-
volves a loss or unauthorized acquisi-
tion of sensitive financial personal in-
formation in paper documents or 
records that has been determined to be 
usable, but the identities of specific 
consumers are not determinable; and 
‘‘(iii) with respect to paragraph (3) of 
subsection (c), may be communicated to en-
tities in addition to those specifically re-
quired under such paragraph through any 
reasonable means, such as through an elec-
tronic transmission normally received by all 
of the consumer reporter’s business cus-
tomers; and 
‘‘(C) providing in such standards and 
guidelines elaboration on how to determine 
whether a technology is generally commercially 
available for the purposes of subsection (b), focus-
ing on the availability of such technology to per-
sons who potentially could seek to breach the 
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