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Oregon Democratic Senator Ron Wyden is working on a bill to strengthen US consumer privacy rights, bringing them to the EU's general regulation level. on Data Protection (GDPR) and even further strengthen protections by imprisoning major business leaders. do not report violations of privacy.
The new bill – called the Consumer Data Protection Act (CDPA) – is only a draft for the moment, but Senator Wyden has released a working version requesting to public comments.
As it stands, the CDPA would give the Federal Trade Commission new powers to enforce consumers' right to privacy.
For starters, the bill would set minimum standards for privacy and cyber security that companies would be required to respect or face the wrath of the FTC. If businesses fail, they face fines of up to 4% of their total annual gross income.
Second, CDPA would also require large companies to submit annual privacy reports to the FTC. Any company that manages the private data of more than 50 million users or whose annual revenue exceeds $ 1 billion should do so, according to the CDPA.
The senior executives of these large companies, such as general managers, privacy officers or information security officers, would be personally responsible for these reports.
The reports should specify if and how the company complies with the new privacy rules of the CDPA. If executives lie or do not disclose the privacy breaches in these reports, they risk a 20-year sentence of imprisonment.
Senator Wyden proposes among the new privacy protections mentioned in the current version of the CDPA, that the FTC establish and implement a "do not follow" system whereby consumers have the choice not to share their information with companies.
CDPA also prohibits companies from preventing users from accessing their services if they decide not to share their personal data. Instead, the bill would allow companies to charge a user access to their sites or services with the equivalent of user data in the form of an entry fee. .
In addition, by taking a page from the GDPR book, the CDPA would also allow users to view personal information that a company has collected about them and to know with whom they have been shared.
Finally, the bill would create more than 175 new jobs at the FTC for employees responsible for ensuring the privacy of US consumers. However, it would also require the FTC to create an API that developers can use to build applications. , in turn, would help consumers "to request, receive and process the information to which they are entitled under this law, and to manage their unsubscribe preferences".
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