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View ICR - OIRA Conclusion

OMB Control No: 3084-0150	ICR Reference No: 201601-3084-001
Status: Historical Active	Previous ICR Reference No: 201208-3084-004
Agency/Subagency: FTC	Agency Tracking No:
Title: Health Breach Notification Rule
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/07/2016
	Date Received in OIRA: 02/03/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2019	36 Months From Approved	03/31/2016
Responses	2	0	2
Time Burden (Hours)	3,267	0	200
Cost Burden (Dollars)	49,960	0	7,918

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	2	2	0
Annual Time Burden (Hours)	3,267	200	3,067
Annual Cost Burden (Dollars)	49,960	7,918	42,042

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The annual time and cost burden have been adjusted upward because the FTC anticipates more consumers will receive breach notifications. Since the Rule has now been in effect for over five years, staff has more information relating to the actual notifications received from covered entities. This includes the number of consumers that the covered entities notified. In 2012, the FTC estimated that an average of 2,500 consumers per year received notifications over the years 2010 and 2011. In 2015-2016, the FTC estimates approximately 20,000 consumers will receive notices per year.

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