The House of Representatives passed a bill that bars data brokers from selling the sensitive personal information of U.S. citizens to foreign adversaries, identified in the federal code as China, Cuba, Iran, North Korea, Russia and Venezuela. The Protecting Americans’ Data from Foreign Adversaries Act of 2024 passed unanimously on Wednesday, 414-0. The bill prohibits organizations that profit from selling personal consumer information from making it accessible to foreign adversary countries or entities controlled by them, authorizing the Federal Trade Commission to impose civil fines of more than $50,000 per violation. Continue reading Bill Barring Brokers from Selling Personal Data Passes House

CTA director of regulatory affairs Rachel Nemeth, who moderated a CES panel on innovation and privacy, asked Baker Botts co-chair, antitrust group Maureen Ohlhausen to put the topic in historic context. “The Congressional debate on the Fair Credit Reporting Act (1970) brought forward many of the same issues we’re discussing today,” said Ohlhausen, who also served as a commissioner and acting chair of the FTC. “People were worried about computers and the use of their data. The FTC has long enforced privacy statutes, and began to apply them to the Internet once it became consumer-oriented.” Continue reading CES 2020: The High-Wire Tension of Innovation and Privacy

Equifax’s two cyber breaches, which exposed about 143 million Americans’ personal information, were the work of hackers who took advantage of a flaw in Apache Struts software. The nonprofit Apache Software Foundation and the U.S. Computer Emergency Readiness Team warned of the bug in early March, but Equifax only alerted its end users on September 7, almost five months later. IT experts say the event highlights the challenges in keeping software current and identifying all potentially vulnerable applications. Continue reading Equifax Breaches Spur Businesses to Prioritize Cybersecurity

The Obama administration has proposed new legislation, the Consumer Privacy Bill of Rights Act that intends to fill in the gaps between current federal laws such as the Fair Credit Reporting Act and the Video Privacy Protection Act to provide consumers with added control over how companies use the personal data they collect about individuals. However, some privacy advocates are already arguing that the proposed legislation does not go far enough and provides too much control to companies. Continue reading President Obama Introduces Consumer Privacy Bill of Rights

The Federal Trade Commission sent warning letters earlier this week to 10 data brokerage firms. The agency warned the firms that the gathering and selling of consumer information could be in violation of federal privacy laws. The new letters follow last month’s action by the FTC when it issued similar warnings to six companies who offered to share tenants’ rental histories with landlords. Continue reading FTC Issues Warnings to Firms that Share Consumer Info