A new era of US privacy policy? National security restrictions on personal data transactions

Posted under: Online Security
Date: 2024-03-14
A new era of US privacy policy? National security restrictions on personal data transactions

On February 28th, U.S. President Joe Biden signed an executive order aimed at safeguarding Americans' sensitive personal data from foreign adversaries. The order initiates regulatory actions by the Department of Justice (DOJ) to restrict transactions involving designated personal data with countries like China, Iran, and Russia. Future regulations from the Department of Homeland Security (DHS) will enforce privacy and security standards for such transactions. The order focuses on preventing malicious activities like cyber-attacks and espionage facilitated by the purchase of personal data. It outlines stringent criteria for covered data types and volume thresholds for transactions involving U.S. citizens' data. Additionally, it mandates contractual requirements for foreign data recipients. This executive action underscores growing concerns about data security and sovereignty, stimulating discussions on national security laws and cross-border data flows.

Read more at: iapp.org