CFPB Asserts Jurisdiction Over E-Commerce Privacy Regulation


Another federal agency has entered the arena for regulating e-commerce companies regarding the protection of consumer data. The federal Consumer Financial Protection Bureau has closed its first and so far only privacy case with a consent agreement between itself and an online payments processor. The CFPB charged that Dwolla falsely claimed that its data security practices exceeded or surpassed industry security standards, and also misled consumers that its information was encrypted and stored securely.

The original article can be found here: http://www.ecommercetimes.com/story/83355.html?rss=1

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EU Data Transfer Ruling Leaves Tech Companies in Quandary


Europe’s highest court on Tuesday ruled that a 15-year-old agreement regulating electronic data transfers with the United States was invalid, potentially striking a blow to thousands of U.S. technology companies that rely on a uniform legal standard do business overseas. The European Court of Justice ruled that the U.S. Safe Harbor agreement was inadequate to protect the privacy rights of ordinary citizens. The ruling came in response to a privacy activist’s complaint, filed with Irish regulatory authorities.

The original article can be found here: http://www.ecommercetimes.com/story/82575.html?rss=1

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FTC Upgrades IT to Protect Consumer Privacy, Data Security


The U.S. Federal Trade Commission, which is at the forefront of regulating the impact of information technology on consumers, is bolstering its technical resource capabilities through a new Office of Technology Research and Investigation, or OTRI. The FTC is concerned about the failure of commercial entities to make adequate disclosures or to properly address data breaches and privacy issues affecting consumers. The agency’s leverage stems from its legal obligation to investigate business fraud and similar offenses.

The original article can be found here: http://www.ecommercetimes.com/story/81916.html?rss=1

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FCC Chair Changes Tune on Net Neutrality


The chairman of the Federal Communications Commission reportedly is changing a proposal for regulating Internet traffic in response to a wave of dissension against the idea.
Chairman Tom Wheeler had proposed a new “Net neutrality” plan that would allow Internet service providers to negotiate with companies that use the Internet to provide services to end customers — such as those who deliver streaming video, cloud services, social networking, or any Web service — in order to grant preferential treatment of their data in exchange for fees.

The original article can be found here: http://www.ecommercetimes.com/story/80438.html?rss=1

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