Vermont legislation regulates data brokers and provides consumer protections
On May 22, a Vermont bill, established to regulate data brokers and provide consumers with protections against companies that collect, analyze, and sell their personal information, was enacted without the governor’s signature. Among other things, H.764: (i) requires data brokers to pay a $100 fee to register annually with the Vermont Secretary of State and publicly disclose information about data collection practices and opt-out policies; (ii) requires companies to implement measures to ensure they have “adequate security standards” to safeguard against data breaches; (iii) prohibits the “acquisition of personal information with the intent to commit wrongful acts”; and (iv) prohibits credit reporting agencies from charging consumers fees for the placement, removal, or temporary lift of a security freeze. The credit freeze provisions became effective upon passage. The data broker provisions take effect January 1, 2019.