Wednesday, December 19, 2018

FutureWatch: 2019 - Stricter Privacy Regulation (we hope)

After decades of complacency, the regulatory tide is finally turning against the unchecked personal data collection that powers the ad-revenue machines at Google, Facebook, and other big tech firms. 

In Europe, the General Data Protection Regulation (GDPR) is an unprecedented leap forward in privacy regulation, with strict rules and harsh penalties designed to limit personal data collection.

Though the US has been slower to act, there is a growing demand for an Internet Dodd-Frank, a sweeping federal legislation designed to protect the privacy of US citizens.

The recently passed California Protection Act (AB 375) is one potential, though imperfect, template for a federal consumer privacy law. This new law affords California residents new privacy rights that entitle them more insight into, and more control over, the personal data companies collect on them...

Google already commented that they "...look forward to improvements to address the many unintended consequences of the law," which could easily translate to prioritizing the protection of the practices that have allowed these companies to make billions at the expense of consumer privacymore