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Data Collection Companies to be Regulated Under House Bill

Sunday, February 18, 2018   (0 Comments)
Posted by: Jeff Couture

The Vermont House passed a bill Thursday that would regulate data brokers and provide consumers with protections against companies that collect, analyze and sell their personal information.

Under the legislation, H.764 would require data brokers to register annually with the Vermont Secretary of State’s office and publicly disclose information about data collection practices and opt-out policies.

The bill would also require the companies to ensure they have “adequate security standards” to safeguard against data breaches. In addition, companies must report data breaches when they happen.

Data brokers have come under increased scrutiny after the credit report giant Equifax revealed in September that a security breach exposed the private information of millions of Americans.

Read more at VTDigger.

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