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US watchdog teases crackdown on data brokers that sell Americans’ personal information

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pizzadude
Credit Mentor

US watchdog teases crackdown on data brokers that sell Americans’ personal information

https://www.cnn.com/2023/08/15/tech/privacy-rules-data-brokers/index.html

 

The US government plans to rein in the vast data broker industry with new, privacy-focused regulations that aim to safeguard millions of Americans’ personal information from data breaches, violent criminals and even artificial intelligence chatbots.

 

The coming proposal by the Consumer Financial Protection Bureau would extend existing regulations that govern credit reports, arrest records and other data to what the agency describes as the “surveillance industry,” or the sprawling economy of businesses that traffic in increasingly digitized personal information.

 

The potential rules, which are not yet public or final, could bar data brokers from selling certain types of consumer information — including a person’s income or their criminal and payment history — except in specific circumstances, the CFPB said.

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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JoeRockhead
Senior Contributor

Re: US watchdog teases crackdown on data brokers that sell Americans’ personal information

I like it.  Now,  if we could just get something done about the insidious volume of spam phone calls I receive every day at my business that would be incredible. 

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