Washington: The US House of Representatives Energy and Commerce Commission resolved on Tuesday to give the Federal Trade Commission $ 1 billion to set up a station dedicated to improving data security and privacy and fighting theft of personal information. Did.
The proposal, which the Democratic Party included in its $ 3.5 trillion spending measure, addresses “injustice or deceptive behavior or practices related to privacy, data security, personal information theft, data misuse, and related matters.” Will fund the new bureau for over 10 years. Summary published by the panel.
The Commission began working on a wide range of spending proposals on Monday and continued to work on Tuesday night.
FTC, which enforces antitrust laws, has undertaken work to encourage businesses to better protect consumer data and privacy when enforcing rules against fraud.
US Panel Votes to Approve $ 1 Billion for FTC Privacy Probe
Source link US Panel Votes to Approve $ 1 Billion for FTC Privacy Probe