August 9, 2022

Volume XII, Number 221

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August 08, 2022

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FTC Provides Update on Security and Privacy Rulemaking Process

On June 22, 2022, the Federal Trade Commission submitted an updated abstract to the Office of Information and Regulatory Affairs indicating that it is considering initiating a rulemaking under Section 18 of the FTC Act to curb lax security practices, limit privacy abuses, and ensure that algorithmic decision-making does not result in unlawful discrimination.

Section 18 of the FTC Act, 15 U.S.C. Sec. 57a, authorizes the FTC to prescribe rules regarding “unfair or deceptive acts or practices in or affecting commerce” within the meaning of Section 5 of the Act. The Act requires the FTC, prior to issuing a notice of proposed rulemaking, to issue an advance notice of proposed rulemaking (“ANPR”). The abstract, which updates a prior submission, indicates that the comment period for this ANPR will end by August 2022 and reflects further activity by the FTC in this area at the Prerule Stage.

Copyright © 2022, Hunton Andrews Kurth LLP. All Rights Reserved.National Law Review, Volume XII, Number 186
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About this Author

In today’s digital economy, companies face unprecedented challenges in managing privacy and cybersecurity risks associated with the collection, use and disclosure of personal information about their customers and employees. The complex framework of global legal requirements impacting the collection, use and disclosure of personal information makes it imperative that modern businesses have a sophisticated understanding of the issues if they want to effectively compete in today’s economy.

Hunton Andrews Kurth LLP’s privacy and cybersecurity practice helps companies manage data and...

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