Proposed Regulations on Data Brokers' Sale of Personal Information

Reported 1 day ago

The U.S. Consumer Financial Protection Bureau (CFPB) has proposed new regulations to limit the sale of Americans' private information by data brokers to protect national security and public safety. If enacted, these rules would require data brokers to comply with credit reporting laws, ensuring data accuracy and consumer access while preventing misuse. The proposal arises amid concerns about the risks associated with the unrestricted sale of personal data, especially in light of high-profile incidents involving targeted violence.

Source: YAHOO

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