the State of New Jersey has introduced landmark legislation requiring the registration of businesses that trade in consumer data in a bid to introduce some transparency to a largely unregulated and opaque industry. Under the law, data brokers will also have to declare recent data breaches, specify whether consumers can opt out, and state whether they place restrictions on who can purchase their data. Since its introduction in February, 121 companies have registered, although some have noted that hundreds more companies trading in third-party data failed to sign up.
Vermont has introduced landmark legislation requiring the registration of businesses that trade in consumer data in a bid to introduce some transparency to a largely unregulated and opaque industry. Under the law, data brokers will also have to declare recent data breaches, specify whether consumers can opt out, and state whether they place restrictions on who can purchase their data. Since its introduction in February, 121 companies have registered, although some have noted that hundreds more companies trading in third-party data failed to sign up.