After the "General Data Protection Regulation (GDPR)" in the EU was welcomed with open arms by the US and many internet businesses around the globe... not!!! Hahaha!
...the FTC makes a push toward a bill that would give them some handle on consumers privacy rights along the lines of the "Consumer Online Privacy Rights Act (COPRA)" that's almost equivalent to the GDPR in the EU.
With this consumers/users would have the right to:
- request information about data stored on them by data companies
- the deletion/correction of their personal data from internet businesses
- explicit consent will be required from users for companies to store and share sensitive data
- and companies would not be allowed to store more data on users then what is essential for the specific internet business to provide their services to the user!
- lastly the CEO of these internet businesses would have to certify on a yearly basis that they are compliant to these FTC regulations!
Seems to be a move in the right direction!
It's to be expected that there will be some discussions around this proposal much like this happened in the EU but also worldwide and especially in the US where one of the key discussion points was about "the rights of the individual".
To me, this is very interesting to say the least!
Check out this article here from threatpost.com for some more details on this news:
https://threatpost.com/federal-data-privacy-bill-tech-giants/150663/
So, what do you think about this?
"It's about time" or "toothless tiger"?
Please let me know down in the comments!
Cheers!
Lucky