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US consumer watchdog plans to regulate overseas sale of Americans’ data

The White House earlier Wednesday announced an executive order intended to help restrict the transfer of personal data to China, Russia and other countries on security grounds.

“Today’s executive order is a reminder of the urgent need to protect the personal data of Americans. Corporate data brokers are assembling and selling extremely sensitive data on all of us, including U.S. military personnel, to foreign purchasers,” CFPB Director Rohit Chopra said in a statement.


Source: Economy - investing.com

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