HB 2829

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Financial Inst Cybersecurity

Abstract

Creates the Financial Institution Cybersecurity Act. Provides that persons and entities operating under the authority of the Secretary of Financial and Professional Regulation under the Illinois Banking Act, the Illinois Insurance Code, the Savings Bank Act, the Illinois Credit Union Act, the Corporate Fiduciary Act, and the Residential Mortgage License Act of 1987 must maintain a cybersecurity program to protect the confidentiality of their information systems. Requires the implementation and maintenance of written policies to protect information systems. Makes provisions for testing, risk assessment, audit trails, and third-party service provider policies. Provides for supervision by the Secretary of Financial and Professional Regulation. Requires annual certifications beginning November 1, 2020. Effective January 1, 2020.

Bill Sponsors (1)

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Actions


Mar 29, 2019

House

Rule 19(a) / Re-referred to Rules Committee

Mar 06, 2019

House

To Broadband Access and IT Assurance Subcommittee

Feb 26, 2019

House

Assigned to Cybersecurity, Data Analytics, & IT Committee

Feb 14, 2019

House

Filed with the Clerk by Rep. Anne Stava-Murray

House

First Reading

House

Referred to Rules Committee

Bill Text

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Sources

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