Discussions involving data privacy have heated up in Congress, and new federal legislation now seems inevitable. A leading technology policy think tank, supported by Google, Amazon, and Facebook, proposed a “grand bargain” with lawmakers, arguing that any new federal data privacy bill should preempt state privacy laws and repeal the sector-specific federal ones entirely.
All 50 states have their own laws when it comes to notifying users after a data breach, and The Information Technology and Innovation Foundation’s (ITIF) asks for a single breach standard in order to simplify compliance. It also calls to expand the Federal Trade Commission’s authority to fine companies that violate the data privacy law, something industry leaders have asked for in the past.
But the “bargain” would also means every sector- or issue-specific privacy law would be removed, and state and local lawmakers would be unable to draft stricter, more specific regulations in the future.
Full article: Democrats aren’t buying Big Tech’s latest privacy proposal – The Verge