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September 10, 2019 05:14 pm

51 Tech CEOs Send Open Letter To Congress Asking For a Federal Data Privacy Law

The chief executive officers (CEOs) of 51 tech companies have signed and sent an open letter to Congress leaders today, asking for a federal law on user data privacy to supersede the rising number of privacy laws that are cropping up at the state level. From a report: The open-letter was sent on behalf of Business Roundtable, an association made up of the CEOs of America's largest companies. The CEOs of Amazon, AT&T, Dell, IBM, Qualcomm, SAP, Salesforce, Visa, Mastercard, JP Morgan Chase, State Farm, and Walmart, are just some of the execs who put their name on the dotted line. CEOs blamed a patchwork of differing privacy regulations that are currently being passed in multiple US states, and by several US agencies, as one of the reasons why consumer privacy is a mess in the US. This patchwork of privacy regulations is creating problems for their companies, which have to comply with an ever-increasing number of laws across different states and jurisdictions. Instead, the 51 CEOs would like one law that governs all user privacy and data protection across the US, which would simplify product design, compliance, and data management. "There is now widespread agreement among companies across all sectors of the economy, policymakers and consumer groups about the need for a comprehensive federal consumer data privacy law that provides strong, consistent protections for American consumers," the open letter said.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/R45sLFhJH90/51-tech-ceos-send-open-letter-to-congress-asking-for-a-federal-data-privacy-law

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