This happens under a proposed privacy bill of rights released by President Barack Obama’s administration. The proposal would also require companies and nonprofit groups to collect and retain only the personal data they need to operate.
However, the proposal allows industry groups to submit their own codes of conduct to the Federal Trade Commission and shields companies that follow those codes from FTC enforcement actions.
The privacy draft, a proposal for Congress to consider, would require companies collecting personal data to regularly assess their security risks and establish safeguards. It would also require companies holding personal data give consumers access to it.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now