Intel-drafted US data privacy bill would protect firms from fines


FILE PHOTO: The Intel logo is shown at E3, the world's largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake/File Photo

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. 

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