Tag Archives: privacy

News Release: Brown Bill on Data Would Improve Consumer Privacy

This legislation will create vitally needed new public protections by putting constraints on the collection, use, sharing, and selling of our personal data by financial services companies and all firms. The Data Accountability and Transparency Act’s bright-line approach appropriately shifts the burden of privacy protection away from consumers, who have minimal resources to protect themselves, and toward corporations, which profit immensely from the aggregation of our data.

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Joint Letter: 28 organizations sent a letter to Congress urging opposition to HR 6743, The Consumer Information Notification Requirement Act

AFR joined 27 organizations in signing onto this letter drafted by US PIRG urging the House Financial Services Committee to oppose HR 6743, a bill that replaces an existing narrow preemption provision with a sweeping provision that could not only eliminate all state data breach notice, data security and other privacy laws as they apply to financial institutions as broadly defined, but also forestall further state innovation to protect their citizens from future privacy and data security threats. One year after the Equifax breach, we are especially concerned that the committee is considering weakening data security and data breach laws, instead of strengthening them or passing legislation to make companies like Equifax more accountable to their victims.