Individual Privacy Protection Act of 1987

[AI summary unavailable — showing source text] Individual Privacy Protection Act of 1987 - Amends the Privacy Act of 1974 to increase the minimum amount of civil damages against the United States from $1,000 to $2,000 when an agency fails to maintain a record on an individual with accuracy, relevance, timeliness, or completeness in order to assure fairness. Imposes a $20,000 limitation on such recoveries. Establishes an Individual Privacy Protection Board composed of five members appointed by the President. Requires the Board to: (1) make a study of the data banks, automated data processing programs, and information systems of public and private organizations to determine standards and procedures in force for the protection of personal information; (2) recommend to the President and the Congress the extent to which provisions of the Privacy Act should be applied to such organizations; (3) report on other legislative recommendations necessary to protect the privacy of individuals while meeting the legitimate needs of government and society for information; (4) develop guidelines, provide continuing assistance, investigate compliance with, and file comments on the maintenance of individual records; (5) review Federal law, Executi…