Mandatory disclosure of foreign ownership and data storage in internet applications.
This Act requires providers of websites and mobile applications to disclose to users whether the service is wholly or partially owned by a foreign adversary country or an affiliated entity. Citizens will gain the right to know if their data is stored and maintained in such a country, enhancing their awareness of security and privacy risks. Failure to disclose or providing false information will be treated as an unfair trade practice, enforced by the Federal Trade Commission (FTC).
Key points
Increased Transparency: You must be informed if an app or website you use is owned (wholly or partially) by a country designated as a foreign adversary of the U.S.
Data Security: Providers must disclose if information collected from the service is stored or maintained in a foreign adversary country.
Data Access: Disclosure is required if a foreign adversary country or an affiliated entity has access to your collected information.
Enforcement: The Federal Trade Commission (FTC) will prosecute companies that knowingly provide false information or fail to meet disclosure requirements.
Expired
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