Days later on Feb. 27, the Obama Administration released its Consumer Privacy Bill of Rights Act of 2015. The new Bill of Rights is a revival of 2012 legislation that sought to balance consumer privacy concerns with governmental objectives to control cybercrimes. The proposed bill would require business to comply with a code of conduct established by the Federal Trade Commission (FTC). However, the proposed legislation does provide a safe harbor provision from federal enforcement so long as a business adheres to the FTC's own established code of conduct.
Congress, the President, businesses, and lawyers alike agree that new cybersecurity and data privacy laws are needed. This is not an issue to be solved by technology alone. This collaboration is vital and inevitable. However, even with these collaborative efforts the government must clearly delineate which federal agencies will be developing these standards, and enforcing the standards, and for what industries.
These boundaries are needed in order to minimize any confusion, ambiguity, or legal actions that would impede achieving these goals of greater privacy and cybersecurity protection.
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