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CEOs who lie about misusing consumers’ data could face up to 20 years in jail under a new piece of US legislation proposed last week. What are your thoughts on this? Learn more about this bill and its potential implications: . The Mind Your Own Business Act , authored by Senator Ron Wyden, would jail top executives for 20 years if their companies were found lying about misusing citizens’ information. The legislation follows a draft version known as the Consumer Data Protection Act, released for consultation on 1 November 2018. The link for this article located at Naked Security is no longer available. . The Mind Your Own Business Act proposes 20-year jail sentences for CEOs misusing consumer data. Learn more.. Data Misuse Legislation, Executive Accountability, Privacy Protection. . Brittany Day
A US senator has introduced a new privacy bill which he claims goes further than the EU’s GDPR, introducing prison sentences for culpable CEOs. What is your opinion on this bill? Learn more: . Introduced by Ron Wyden, the Mind Your Own Business Act would create a national “Do Not Track” system enabling consumers to stop companies from tracking them online, selling or sharing their data, or targeting ads based on personal information. Like the GDPR, it would issue maximum fines of up to 4% of annual revenue to non-compliant firms, but unlike the EU law, could also levy 10-20 year criminal sentences for executives who knowingly lie to the FTC. The link for this article located at Infosecurity is no longer available. . A recent US legislation seeks to enhance privacy safeguards and hold executives responsible, introducing fines for noncompliance.. Mind Your Own Business Act, data privacy regulations, consumer data rights. . Brittany Day
Mark Z, how do you feel about orange? Like, say, in a jumpsuit style? Kidding! No court has found that you, the Facebook CEO, has purposefully misled the government about how your company did/did not protect consumers’ data during, say, the multifaceted, ever-unfolding, Cambridge Analytica privacy debacle.. Senator Ron Wyden’s on the case, though, and has now put on the table a bill that would throw execs into jail for up to 20 years if they play loosey-goosey with consumer privacy. Under his proposed bill, introduced on Thursday and called the Consumer Data Protection Act, execs who knowingly mislead the Federal Trade Commission (FTC) about how their companies protect consumer data could face up to 20 years in prison and $5 million fines. The link for this article located at Naked Security/Sophos is no longer available. . Senator Ron Wyden’s on the case, though, and has now put on the table a bill that would throw exec. about, orange, jumpsuit, style, kidding, court, found. . LinuxSecurity.com Team
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