In the unregulated world of social media, the FTC has become the de facto enforcer of privacy. Snapchat is the photo sharing service that promised customers their photos and videos would automatically self-destruct. On Thursday, they admitted to the FTC that photos don’t actually disappear forever. As part of the FTC settlement, Snapchat agreed to be monitored by an independent auditor for the next 20 years.
The White House’s latest release of the “Big Data: A Technological Perspective” report is bringing back the discussion of a national data breach standard. What do you think about a 24- or 72-hour notification period to report and notify parties of a data breach? Some proposals suggest a 60-day period is more realistic.