Consumer watchdog proposes crackdown on personal data sales ...Middle East

The Hill - Technology
Consumer watchdog proposes crackdown on personal data sales
source : The Hill ( Middle East ) () 129
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the agency said it seeks to ensure data brokers comply with existing privacy law by treating "them as “consumer reporting agencies." “Companies like the nationwide consumer reporting agencies (Equifax, TransUnion, and Experian) and others are data brokers that are currently covered under the [Fair Credit Reporting Act (FCRA)], the CFPB said, adding the new proposal “would address the circumstances under which data brokers and their activities” are covered by the law. In a press call discussing

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