This Republican wants to keep the FTC from regulating data security
July 24, 2014
House Oversight Committee Chairman Darrell Issa (R-CA) thinks the Federal Trade Commission shouldn't be allowed to sue companies for breaches of customer data using its main legal authority.
In a hearing, Rep Issa slammed the agency for using what he called an "unlimited power" under Section 5 of the Federal Trade Commission Act. Section 5 is what gives the FTC the authority to take legal action against companies it believes has been behaving deceptively or unfairly.
Now the scope of that authority is coming into question just as technology have opened up new risks of data-related crimes like fraud and identity theft.
This Republican wants to keep the FTC from regulating data security