A bill was recently introduced by Representative Blain Luetkemeyer (R-Missouri) that aims to create a new national data breach standard in notifications from financial institutions. The bill would start by amending the Gramm-Leach-Bliley Act, with would require financial institutions to issue notifications “in the event of unauthorized access that is reasonably likely to result in identity theft, fraud, or economic loss.” According to SANS News, there is not yet a companion bill in the Senate.