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• The New York Privacy Act, which has been referred to House Consumer Affairs and Protection Committee, would also require companies to disclose deidentification methods, place safeguards around data sharing, and fund an office dedicated to privacy and data protection.
• SB 567, which has been referred to the Senate Committee on Consumer Protection, grants a consumer a right to request a business to disclose information concerning personal data it collects, including third parties with whom the personal data is shared. 
• Other privacy bills introduced in this session include the Online Consumer Protection Act (AB 405) and the Right to Know Act (AB 400).

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• The FAQs come in response to media reports prompted by the privacy policy change, suggesting that WhatsApp would be sharing all user data with Facebook.
• WhatsApp competitor Telegram saw more than 25 million users sign up in 72 hours following the WhatsApp reports.
• In its FAQ page, WhatsApp explained that the changes to its privacy policy will not affect the privacy of messages with friends and family but only messaging with businesses.

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• The proposal would require banks and money services businesses to report cryptocurrency transactions over $10,000. 
• FinCEN argued that the new rules are needed to prevent cryptocurrency from being used for money laundering and other illegal activities.
• The agency estimated that $119 billion in suspicious activity was related to cryptocurrency in 2019.

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• The U.K. has pulled out of the EU but will be covered by GDPR for six months during which the European Commission intends to issue an adequacy ruling regarding data transfers to the U.K.
• While Asia has lagged behind other regions in data privacy, the Indian government plans to table the final draft of its new Personal Data Protection Bill during Parliament's budget session that begins Jan. 29.

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• The three privacy leaders judged it "probable" that the incoming administration of President-elect Joe Biden would push for a federal privacy law.
• The Obama administration introduced a Privacy Bill of Rights in 2012, but Congress failed to take action on it.
• Failure to enact a national privacy law would result in the "balkanization of the internet," warned Twitter Chief Privacy Officer Damien Kieran. 

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• The idea is to take the personal data out of the hands of companies like Google and Facebook, which have made a business out of harvesting, hoarding, and selling data.
• The ultimate goal is to move toward an internet "that I originally wanted," Berners-Lee said.
• Berners-Lee has founded a startup called Inrupt, which would provide server software to set up such pods.

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• The financial services industry could see changes to the Gramm-Leach-Bliley Act's Safeguards Rule and new rules for financial institution incident reporting.
• The incoming Biden administration might have more luck negotiating a follow-on to the EU-U.S. Privacy Shield than the outgoing Trump administration.
• U.S. companies will have to contend with recently approved amendments to the California Consumer Privacy Act that boost the law and create a California Privacy Protection Agency.

• The Washington Senate Environment, Energy and Technology Committee is holding a hearing on a data privacy bill (SB 5062) on Thursday. 
• Legal experts are raising concerns about whether target marketing can withstand emerging privacy regulations. 
• More than three-quarters of remote workers used their work devices for personal matters, while 71% stored personal data on work devices, according to a survey of 1,000 U.S. remote workers by ZL Tech.