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Elizabeth Warren Introduces Bill That Could Hold Tech Execs Responsible For Data Breaches (theverge.com)
On Wednesday, Sen. Elizabeth Warren (D-MA) introduced a new piece of legislation that would make it easier to criminally charge company executives when Americans' personal data is breached. From a report: The Corporate Executive Accountability Act is yet another push from Warren who has focused much of her presidential campaign on holding corporations and their leaders responsible for both their market dominance and perceived corruption. The bill, if approved, would widen criminal liability of "negligent" executives of corporations (that make more than $1 billion) when they commit crimes, repeatedly break federal laws, or harm a large number of Americans by way of civil rights violations, including their data privacy. "When a criminal on the street steals money from your wallet, they go to jail. When small-business owners cheat their customers, they go to jail," Warren wrote in a Washington Post op-ed published on Wednesday morning. "But when corporate executives at big companies oversee huge frauds that hurt tens of thousands of people, they often get to walk away with multimillion-dollar payouts."
Nothing racist about calling Elizabeth Warren "Pocahantas" whatsoever. She is not Native American, and took advantage of our racist school admission policies to gain admittance over potentially more qualified candidates.
I didn't say that I didn't care about privacy: I just said that it shouldn't be mandated on companies by the government. There is a market out there, and you should be free as a consumer to decide what services you want and what fits your budget. If you want a service that offers greater security guarantees at a higher cost, then you should be free to pay for it. It's childish to suggest that companies that offer services for free (in exchange for data used mostly anonymously for analytics) should have their leaders exposed to personal liability on behalf of consumers who have signed privacy policies. No one is sticking a gun to your head and saying "use Google" or "use Facebook". If you care so much about privacy, create a company that does a better job than other companies at privacy.
Democrats have done everything they can to sabotage the current administration rather than looking for a way to get things done by compromising.
As a result, they will not get anything passed that they want. She knows this bill has zero chance of getting out of committee.