The Federal Trade Commission (FTC) has issued a warning to data brokers regarding the transfer of consumer data to foreign entities. The advisory emphasizes the importance of compliance with privacy regulations, highlighting potential risks associated with sharing sensitive information internationally. The FTC is concerned that these practices may jeopardize consumer privacy and violate federal laws. Data brokers, who collect and sell personal information, must ensure they have appropriate safeguards in place when transferring data abroad. The agency’s proactive stance aims to protect consumers from potential misuse of their information and reinforce accountability within the data brokerage industry. The FTC’s move signals a growing emphasis on transparency and consumer rights in the face of increasingly complex data flows across borders. As scrutiny on data protection intensifies, brokers are urged to evaluate their data-sharing practices carefully.
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