The Department of Commerce today issued a report  detailing initial policy recommendations aimed at promoting consumer privacy online while ensuring the Internet remains a platform that spurs innovation, job creation, and economic growth. The report outlines a dynamic framework to increase protection of consumers’ commercial data and support innovation and evolving technology. The Department is seeking additional public comment on the plan to further the policy discussion and ensure the framework benefits all stakeholders in the Internet economy.
“America needs a robust privacy framework that preserves consumer trust in the evolving Internet economy while ensuring the Web remains a platform for innovation, jobs, and economic growth. Self-regulation without stronger enforcement is not enough. Consumers must trust the Internet in order for businesses to succeed online.” said Commerce Secretary Gary Locke.
Today’s report, based on extensive public input and discussion, recognizes the growing economic and social importance of preserving consumer trust in the Internet. Global online transactions are currently estimated at $10 trillion annually. Between 1998 and 2008, the number of domestic IT jobs grew by 26 percent – four times faster than U.S. employment as a whole – with IT employment projected to increase another 22 percent by 2018.
The following are key recommendations in today’s preliminary report, Commercial Data Privacy and Innovation in the Internet Economy: A Dynamic Policy Framework :
- Consider Establishing Fair Information Practice Principles comparable to a “Privacy Bill of Rights” for Online Consumers
- Encourage Global Interoperability to Spur Innovation and Trade
- Consider How to Harmonize Disparate Security Breach Notification Rules
- Review the Electronic Communications Privacy Act for the Cloud Computing Environment