FTC TO REVIEW DATA PRIVACY LAWS
The Federal Trade Commission (FTC) will launch an effort to review and update rules on how companies collect and use data, the agency announced Thursday.
The FTC said it will explore rules to “crack down on harmful commercial surveillance and lax data security,” expanding on Democratic Chair Lina Khan’s aggressive action targeting tech companies.
“The growing digitization of our economy—coupled with business models that can incentivize endless hoovering up of sensitive user data and a vast expansion of how this data is used—means that potentially unlawful practices may be prevalent,” Khan said in a statement.
“Our goal today is to begin building a robust public record to inform whether the FTC should issue rules to address commercial surveillance and data security practices and what those rules should potentially look like,” she added.