Close Menu
  • Home
  • UNSUBSCRIBE
  • News
  • Lifestyle
  • Tech
  • Entertainment
  • Sports
  • Travel
Facebook X (Twitter) WhatsApp
Trending
  • Can you replace a laptop with an iPad? Apple’s tablets are basically MacBooks.
  • Hungarian GP: Oscar Piastri edges out Lando Norris in Practice Three as Max Verstappen struggles ahead of qualifying | F1 News
  • Dresses for Just $69 + More
  • Teacher suspected of killing Arkansas hikers alarmed parents with ‘odd’ behavior
  • NASA unveils 9 stunning snapshots of the cosmos in X-ray vision: Space photo of the week
  • Darien Gap migrant crossings plummet from 82,000 to just 10 under Trump
  • I reviewed the 4 best streaming devices for 2025
  • Hungarian GP: McLaren rivals look to hit back in final practice LIVE!
Get Your Free Email Account
Facebook X (Twitter) WhatsApp
Baynard Media
  • Home
  • UNSUBSCRIBE
  • News
  • Lifestyle
  • Tech
  • Entertainment
  • Sports
  • Travel
Baynard Media
Home»Tech»Biden administration takes last minute stand against data brokers
Tech

Biden administration takes last minute stand against data brokers

EditorBy EditorDecember 4, 2024No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email

Data brokers will be on a tighter leash when handling Americans’ personal data, according to a new proposition by the U.S. Consumer Financial Protection Bureau (CFPB).

Under the proposed rules, brokers would be blocked from selling personal and financial data that contains identifying information, including Social Security numbers and phone numbers — a move that would also limit the ability of scammers to procure such data and target individuals specifically. Data brokerage is a vastly under-regulated area of concern for privacy experts, politicians, and consumers alike.


Tweet may have been deleted

SEE ALSO:

Ronan Farrow’s simple tips for keeping spyware off your phone

The regulations — should they remain under a Trump presidency — will recategorize brokers under the Fair Credit Reporting Act, passed in 1970, which protects consumers’ personal data collected by credit agencies. According to CFPB director Rohit Chopra, the act has been widely evaded by data traders, and with the new policy, brokers would be treated the same as credit bureaus and background check companies, or any other company that sells data about income or credit scores, histories, and debt payments, TechCrunch reported.

Mashable Light Speed

“By selling our most sensitive personal data without our knowledge or consent, data brokers can profit by enabling scamming, stalking, and spying,” wrote Chopra. “The CFPB’s proposed rule will curtail these practices that threaten our personal safety and undermine America’s national security.”

In February, President Joe Biden passed an executive order cracking down on foreign actors selling and procuring Americans’ personal data, authorizing federal powers to prohibit data transactions with “countries of concern.” At the time, this included known American adversaries like China, Russia, North Korea, Iran, and Venezuela.

Just last week, the bureau announced broader regulatory oversight of companies managing digital wallets and payment processing, including Apple Pay and Venmo, which will now be categorized in the same way as banking institutions and creditors. The agency also expanded its ability to monitor Big Tech’s data collection and sharing policies under consumer protection laws.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article5,000-year-old artifacts in Iraq hint at mysterious collapse of one of the world’s 1st governments
Next Article CNN panel sees ‘parallels’ between South Korean president declaring martial law and Trump, Jan. 6 riots
Editor
  • Website

Related Posts

Tech

Can you replace a laptop with an iPad? Apple’s tablets are basically MacBooks.

August 2, 2025
Tech

I reviewed the 4 best streaming devices for 2025

August 2, 2025
Tech

Sterling Stock Picker AI | Mashable

August 2, 2025
Add A Comment

Comments are closed.

Categories
  • Entertainment
  • Lifestyle
  • News
  • Sports
  • Tech
  • Travel
Recent Posts
  • Can you replace a laptop with an iPad? Apple’s tablets are basically MacBooks.
  • Hungarian GP: Oscar Piastri edges out Lando Norris in Practice Three as Max Verstappen struggles ahead of qualifying | F1 News
  • Dresses for Just $69 + More
  • Teacher suspected of killing Arkansas hikers alarmed parents with ‘odd’ behavior
  • NASA unveils 9 stunning snapshots of the cosmos in X-ray vision: Space photo of the week
calendar
August 2025
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Recent Posts
  • Can you replace a laptop with an iPad? Apple’s tablets are basically MacBooks.
  • Hungarian GP: Oscar Piastri edges out Lando Norris in Practice Three as Max Verstappen struggles ahead of qualifying | F1 News
  • Dresses for Just $69 + More
About

Welcome to Baynard Media, your trusted source for a diverse range of news and insights. We are committed to delivering timely, reliable, and thought-provoking content that keeps you informed
and inspired

Categories
  • Entertainment
  • Lifestyle
  • News
  • Sports
  • Tech
  • Travel
Facebook X (Twitter) Pinterest WhatsApp
  • Contact Us
  • About Us
  • Privacy Policy
  • Disclaimer
  • UNSUBSCRIBE
© 2025 copyrights reserved

Type above and press Enter to search. Press Esc to cancel.