Personal Data Protection: More Control Over Online Information
The "Mind Your Own Business Act of 2021" aims to enhance personal data protection for citizens. It introduces new rules for companies regarding the collection, storage, and sharing of information, giving consumers greater control over what happens to their data. Companies will need to be more transparent and bear greater responsibility for violations.
Key points
Companies will need to obtain your consent to share your data and allow you to easily withdraw that consent.
A central "Do Not Track" website will be created, allowing you to block companies from sharing your data with a single click.
Companies will be required to conduct risk assessments for systems using artificial intelligence and data to prevent discrimination and privacy breaches.
High financial penalties have been introduced for companies violating data protection regulations, as well as penalties for executives for false reports.
You will have the right to check what data a company holds about you, where it obtained it, and with whom it shared it, as well as to correct it.
Expired
Additional Information
Print number: 117_S_1444
Sponsor: Sen. Wyden, Ron [D-OR]
Process start date: 2021-04-29