The California Consumer Privacy Act “has galvanized the U.S. Congress to start thinking really hard about federal privacy legislation. We’ve encouraged them to do that,” said Federal Trade Commission Chairman Joe Simons.
Other key takeaways from Simons’ conversation with International Association of Privacy Professionals Chief Knowledge Officer Omer Tene:
“I have long advocated for privacy protections that include the principles of knowledge, notice and the right to say ‘no’ to companies that want our information. But it is increasingly clear that a true 21st-century comprehensive privacy bill must do more than simply enshrine notice and consent standards,” said Sen. Edward Markey (D-Mass.), the author
“What my bill aims to do is to provide a little bit more regulation, a little bit more oversight, into the information that is being collected on us, about us, every single day without our knowledge — a lot of times without our permission — and is being used in ways that can negatively affect
The U.S. Government Accountability Office recommends that Congress consider comprehensive federal internet privacy legislation.
Issues that should be considered include:
Will the California Consumer Privacy Act serve as a blueprint for a federal privacy law or for a patchwork quilt of state privacy laws?
As states have been commencing legislative proceedings and as proposals for a federal privacy law are being formulated, the following seem to be principles that most agree should be included in
Data privacy bills are pending in at least eight states, reports Sara Merken at Bloomberg Law.
State lawmakers are aiming to give citizens more control over their personal data. Some of the bills largely follow the lead of California, whose Consumer Privacy Act takes effect Jan. 1, 2020. Others are more narrowly focused on
In my previous post, I reviewed the New York State Department of Financial Services’ (NYDFS) findings and conclusions of survey results of financial institutions and insurers’ programs, costs, and future plans related to cybersecurity.
Anthony J. Albanese – Acting Superintendent of Financial Services – writes in a November 9, 2015 letter to Financial and
In reaction to two surveys of more than 150 regulated banking organizations and 43 regulated insurers in New York, the state’s Acting Superintendent of Financial Services issued a letter to all Financial and Banking Information Infrastructure Committee (FBIIC) Members addressing the need for potential new cybersecurity regulations in the financial sector.
The New York State
The White House is building on recent laws addressing cybersecurity in the United States with the release of a new Cybersecurity National Action Plan (“CNAP”). The plan focuses on:
A recent bill proposed by the U.S. Senate states requirements for publicly traded companies to increase transparency about cybersecurity threats, risks and breaches. The bill includes disclosure standards such as having publicly owned companies reveal whether anyone on its board of directors has cybersecurity expertise or specialization. Companies would provide this information through U.S. Securities