Friday

Tech companies face scrutiny from Congress over data sharing

Specifically, the committee is interested in how exactly these companies’ algorithms work, and how they protect privacy. “We will be taking a more expansive look at the online experience to ensure safety, security, and an unfiltered flow of information,” said Waldman in a post on Medium. The end goal is to give consumers more understanding of and power over how companies use their personal information.

There isn’t one single inspiration for this investigation, though Waldman does cite the Equifax breach in his post as an example of “the staggering amount of personal information changing hands online.” The committee’s goal is to make sure that algorithms and personal information sharing practices between companies don’t violate people’s safety or their choices as a consumer.

Further down the road, Waldman plans on hearings centering on identity verification and steps people can take once they know their personal data has been leaked. We all know that tech companies mine our data; it will be interesting to see what comes out of these hearings, and if a broader framework with consumer protections could be a result.

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