As the Senate sits on no fewer than four data privacy bills that their own members wrote—with no plans to vote on any—and as the world’s largest social media company braces for an anticipated multibillion-dollar privacy blunder, the US National Institute of Standards and Technology (NIST) has published what it calls a “privacy framework” draft.
Here are Labs’ top six takeaways from our data privacy and cybersecurity law series on corporate data privacy compliance. From emerging startups to burgeoning enterprises, these rules help not just with legal liability, but also user trust.
A new security alliance is created to address concerns surrounding third-party providers who are associated with some of the biggest brands users trust. They aim to increase their compliance to cybersecurity standards and lessen the risks they may pose on businesses.