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New Bill Would Let The FTC Set, Enforce Minimum Data Privacy Standards

New Bill Would Let The FTC Set, Enforce Minimum Data Privacy Standards

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Senator Ron Wyden introduced the Mind Your Own Business Act to hold tech companies accountable for privacy violations. The bill aims to give consumers control over their data, require transparency from companies, and impose penalties on executives who lie about privacy practices. Wyden criticizes big tech, particularly Facebook, for not taking privacy seriously. The bill also proposes FTC fines and a national do not track system.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the Mind Your Own Business Act introduced by Senator Ron Wyden?

To promote tech innovation

To hold tech companies accountable for privacy violations

To increase government surveillance

To reduce taxes for tech companies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the bill require companies to do regarding user data?

Ignore user privacy concerns

Sell data to advertisers

Be transparent about data usage and sharing

Share data with third parties

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What consequence does the bill propose for executives who lie about privacy practices?

A warning letter

A small fine

Community service

Jail time

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of a company's annual revenue can the FTC fine for privacy violations under the bill?

1%

4%

2%

3%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What system does the bill propose to help consumers opt out of data tracking?

A national do-not-track system

A data sharing agreement

A privacy policy update

A user feedback form

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