The US Client Monetary Safety Bureau stated on Wednesday it might create laws governing information brokers’ sale of People’ private information to abroad consumers, citing the chance of its exploitation by international adversaries.
The White Home earlier Wednesday introduced an government order supposed to assist limit the switch of private information to China, Russia and different international locations on safety grounds.
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“Right this moment’s government order is a reminder of the pressing want to guard the non-public information of People. Company information brokers are assembling and promoting extraordinarily delicate information on all of us, together with U.S. navy personnel, to international purchasers,” CFPB Director Rohit Chopra stated in a press release.