• Home
  • Domains
  • Internet & Tech
  • Security & Privacy
  • Google & Search
  • Editorial Praise
  • Contact

Strategic Revenue - Domain and Internet News

Internet news authored by John Colascione

Register Domain Names

  • Isn’t Print Dead?
  • Killer Acquisition
  • New gTLD Death
  • Online Censorship
  • Semantic Indexing
  • You’re A Loser
You are here: Home / Privacy Issues / New “Mind Your Own Business Act” Allows for Fines, Jail Time for Privacy Violations

New “Mind Your Own Business Act” Allows for Fines, Jail Time for Privacy Violations

October 21, 2019 By John Colascione Leave a Comment

*** Here Is A List Of Some Of The Best Domain Name Resources Available ***

Register Domain Names




WASHINGTON – Senator Ron Wyden, an Oregon Democrat, has introduced
legislation, called the Mind Your Own Business Act, that would make it more difficult for online platforms to collect and use customer data.

Mind Your Own Business Act,

The bill is in some ways similar to the European Union’s General Data Protection Regulation (GDPR). Among other things, the bill would:

  • Give the Federal Trade Commission the authority to establish minimum privacy and cyber-security standards.
  • Allow the FTC to issue fines, of up to 4% of annual revenue, on the first offense for companies and allow for 10- to 20-year criminal penalties for senior executives who knowingly lie to the FTC.
  • Create a national Do Not Track system that lets consumers stop companies from tracking them on the web, selling or sharing their data, or targeting advertisements based on their personal information. Companies that wish to condition products and services on the sale or sharing of consumer data must offer another, similar privacy-friendly version of their product, for which they can charge a reasonable fee.
  • Give consumers a way to review the personal information a company has about them, learn with whom it has been shared or sold, and to challenge inaccuracies in it.

A copy of the 47 page bill text is available here. A one-page summary of the bill is below.

The bill, introduced on Oct 17, 2019, would have to be referred to a committee as its next step. You can track its progress here.

John Colascione
John Colascione

About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®

Filed Under: Privacy Issues, Security Issues Tagged With: Advertisements, Bill, Criminal Penalties, Customer Data, Cyber-security, Cybersecurity, Data Privacy, Democrat, Do Not Track, European Union, Federal Trade Commission, FTC, gdpr, Jail Time, Legislation, Mind Your Own Business Act, Oregon, Personal Data, Personal Information, Privacy, Privacy Breach, Privacy Violations, Ron Wyden, Targeted Advertisements

*** Here Is A List Of Some Of The Best Domain Name Resources Available ***

Register Domain Names

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search This Site

by: John Colascione

John Colascione

Logo
John Colascione is Chief Executive of Internet Marketing Services Inc. He specializes in Website Monetization, authored a book called Mastering Your Website, and is a key player in several Internet businesses through his brand SEARCHEN®

Fellow Me

Twitter

USED CARS ENTERPRISE

auto buyers market
Auto Buyers Market – Shop Used Cars by Participating Dealers at autobuyersmarket.com

In The News

  • DNJournal: New Book From Veteran Domainer
  • From Brandable to Exact-Match Geo Domain
  • InnovateLI: Two Deals, One Very Interesting Digital
  • Internet Commerce Association: John Colascione
  • NamesCon: Featured Attendee: John Colascione
  • Long Island Media Inc, SmartCEO, Future 50
  • Speakers, Name Summit, John Colascione
  • Speakers, Real Estate Summit, John Colascione
  • 24 Leading Domain Experts Analyze 2017

Popular Stories

New gTLD? Not So Fast; History Suggests New ‘Right of the Dots’ Could = Total Failure

Could Domain Investing Industry End with Legal Provision for Domain “Hoarding”

Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?

Websites and Domain Names to Become Insignificant within 20 Years or Less

List of 300+ Cryptocurrency Domain Name Sales and Sale Prices [All Time] (NameBio)

Quotes to Follow

quote icon The domain name is equivalent to Gold. It is the only packaged item which is globally tax-free, portable, with value that is universal across different cultures. quote icon – Frank Schilling

quote icon Domains have and will continue to go up in value faster than any other commodity ever known to man. quote icon – Rick Schwartz

quote icon  Google knows you, your friends, your likes, what entertains you, where you are in the world at any given time. Google will soon predict your next action, your next thought, based on a collaboration of thoughts past. quote icon – John Colascione

Like These Headlines?

Enter your email address:

Delivered by FeedBurner

T.L.D. Brokerage

Domain Brokers

Domain Reseller

Leaving Cash On The Table? Join The Best Domain Reseller Program (discounts + revenue)

Books on Domain Names

Books on Domain Names

Google Ceases Selling New Domains as Transition to Squarespace Continues 

SAN FRANCISCO, CA – Back in July of this year, Google abruptly announced that it would be ending its Google Domains service after nearly 10 years and would be selling the business and all of its … [Read More...]

Google Launces New System for Creating Web Page Titles In Search Results

WEST PALM BEACH, FL - Web page titles may begin to appear differently in search results on Google as they have altered its system for generating titles for search listings. On Tuesday, August 24, … [Read More...]

Scammers Sending Emails from Spoofed Authoritative Domains Via Forwarding Flaws

LA JOLLA, CA - According to research conducted by the University of California San Diego, due to flaws inherent in the process of forwarding emails, the ability for scammers and attackers to send … [Read More...]

Domaining blog recommended by Domaining.com
Copyright © 2010-2023 StrategicRevenue.com - Property of Internet Marketing Services Inc.   FeedBurner: RSS   RSS
By using this site you agree to our Terms of Service and Privacy Policy. If you do not agree, please exit the service.