Email
Banner Image
qoute Image

Bad actors can use this data to track Americans [and] pry into their personal lives...

- White House Fact Sheet

Welcome to Snippets đź‘‹ The Biden Administration made a mid-week splash, releasing an executive order that compels the Justice Department to create rules that would restrict the sale of Americans' sensitive data to six adversarial nations.

Plus, the FTC settled with Avast for $16.5 million, Republican senators moved again to block the creation of a central bank digital currency, BNSF Railway settled a BIPA lawsuit for $75 million, and more. 


SENSITIVE DATA

Biden issues executive order to protect Americans’ sensitive personal data

Image

Al Drago for The New York Times

On Wednesday, President Biden issued an executive order to restrict the sale of Americans’ sensitive data to China, Russia, and others—a groundbreaking move towards protecting sensitive data from adversarial nations.
  • The order compels the Justice Department to establish rules preventing the sale of Americans' personal data, such as locations, health details, and financial information, to six total countries.
  • Meant to address concerns over blackmail, surveillance, and scams, the order highlights the increased digital risks faced by military personnel, dissidents, and journalists.
  • Some experts see the measure as escalating the digital cold war, particularly with China, reflecting broader efforts to safeguard U.S. technological sovereignty and digital privacy.
TRANSCEND NEWS

🎪 Join Transcend at the IAPP Global Privacy Summit in D.C.

IAPP's Global Privacy Summit in Washington D.C. is right around the corner. As always, this conference brings together some of the sharpest minds in privacy and tech to share insights and build stronger in-person connections.

Come find Transcend at Booth #169 to level up your technical knowledge with one of our interactive workshops, get a live demo, expand your AI governance toolkit at our tactical panel, and of course—grab some goodies to take home! 

PRIVACY

Avast settles with the FTC for $16.5 million

Image

Rafael Henrique / SOPA Images / LightRocket / Getty Images

The Federal Trade Commission (FTC) has imposed a $16.5 million fine on antivirus software Avast for selling detailed and re-identifiable user browsing data without consumer consent.
  • From 2014 to 2020, Avast subsidiary Jumpshot sold user browsing data to over 100 third parties, falsely assuring users their privacy would be protected against third-party tracking.
  • Despite Avast's claims of employing a proprietary algorithm for data anonymization, the data being sold included timestamps, device types, and precise locations—making it potentially re-identifiable due to its granularity.
  • As part of the settlement, Avast must delete the collected data, notify affected consumers, and is banned from selling browsing data for advertising purposes.

DIGITAL CURRENCY

Republican Senators move again to bar CBDCs

Image

 

On Monday, five Republican Senators, led by Ted Cruz, introduced the CBDC Anti-Surveillance State Act to stop the Biden Administration’s attempts to issue a central bank digital currency (CBDC).
  • The bill would bar the Federal Reserve from issuing CBDC unless it's authorized to do so through Congressional legislation.
  • This is Cruz’s second attempt to block CBDCs. Last year, he introduced a similar bill stating digital currency could be used by the government to track US citizens.
  • While the US has yet to develop a concrete plan for a CBDC, Europe has moved closer to developing one of its own, which could push the US to introduce a dollar equivalent to maintain parity.

IN OTHER NEWS
  • ICO opens second round of generative AI consultation.
  • The FTC announced an agenda for the 8th annual PrivacyCon.
  • 70% of Australians don’t feel in control of their data.
  • Zuckerberg says he can’t be held liable for child social media addiction.
  • College Board agrees to $750k settlement for violating NY student privacy law.

BIOMETRIC PRIVACY

BNSF agrees to $75 million settlement after BIPA violation

Image

Tomohiro Ohsumi/Bloomberg

BNSF Railway, one of North America’s largest freight railroad network operators, agreed to a $75 million settlement after a jury found the company guilty of violating the Illinois Biometric Information Privacy Act (BIPA).
  • The first ever BIPA suit to go to trial, this case began after 45,000+ truck drivers alleged the fingerprint scan requirement at BNSF’s Illinois facility violated their biometric privacy rights.
  • During the initial trial, Judge Matthew Kennelly imposed a $228 million fine, but later ruled that a jury should determine the penalty.
  • Both sides reached a final agreement on Monday, eliminating the need for a second trial before the jury and significantly reducing BNSF’s final settlement amount.

AI PRIVACY

FTC warns AI makers against privacy negligence

Image

 

Following a string of settlements with companies that have misused consumer data, Lina Khan, chair of the Federal Trade Commission (FTC), reiterated the agency’s intentions to strictly monitor AI tools to ensure they don’t violate consumer privacy.
  • Referring to AI model training as “another feature that could incentivize surveillance,” Khan stated that health, geolocation, and browsing data were “simply off limits.”
  • If companies do wish to use consumer data to train their models, they must explicitly notify consumers rather than discreetly changing their terms of service.
  • Khan also made it clear that no special exemptions will be made for AI under current legislation and that companies cannot use innovation as an excuse to escape sanctions.
TRANSCEND NEWS

Transcend Partners with Integrative Privacy to Migrate $12B Financial Services Firm 

We’re thrilled to announce a strategic professional services agreement with privacy consultancy Integrative Privacy—helping to transition a leading $12B financial services company off of OneTrust and onto Transcend’s next-generation privacy platform.

As data privacy becomes a critical cornerstone of customer trust and regulatory compliance, this partnership between Transcend and Integrative Privacy not only underscores both organizations' commitment to excellence in privacy innovation, but also sets a new benchmark for the industry.

Transcend Horizontal Logo

Snippets is delivered to your inbox every Thursday morning by Transcend. We're the platform that helps companies put privacy on autopilot by making it easy to encode privacy across an entire tech stack. Learn more.

You received this email because you subscribed to Snippets. Did someone forward this email to you? Head over to Transcend to get your very own free subscription! Curated in San Francisco by Transcend.