Last week Congress voted to repeal the regulation preventing internet service providers from selling customers' web browsing and app usage data without consent.
CU Times spoke with Information privacy, security and compliance consultant Rebecca Herold, president of the Des Moines, Iowa-based SIMBUS and CEO of The Privacy Professor, said this repeal of privacy and security protections under the law contains far-ranging consequences even into credit union security and compliance areas.
Last week, President Trump indicated his intention to sign the bill, S.J. Res. 34. The data privacy regulations enacted late last year at the Federal Communications Commission, but which hadn't gone into effect yet, would have required ISPs to receive clear opt-in customer consent.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
