Chipmaker Intel Corp said it is seeking a sponsor in Congress for a US data privacy bill it drafted that would shield companies from fines if they attest to the US Federal Trade Commission annually that they take strong measures to protect consumer data.
Federal and state officials could still force companies to change their data practices and even pay restitution under the proposal, which Intel wrote and began talking to Congress members about this week in an unusual step for a corporation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!