Data Security and Credit Card Legislation

Americans are increasingly reliant on digital platforms, but must be vigilant about protecting personal data. Live Nation, parent company of Ticketmaster, experienced a significant data breach. Legislation introduced by Senators Durbin and Marshall threatens credit card security.

Data Security and Credit Card Transactions

The Electronic Payments Coalition discusses the importance of secure payment processing networks provided by banks and card companies, warning against proposed legislation that could compromise data security and credit card reward programs.

TikTok's Handling of U.S. User Data in Relation to ByteDance

Former employees claim that TikTok failed to effectively wall off U.S. user data from its parent company, ByteDance, due to a complex computer network structure, with internal systems maintaining control over user data sharing. TikTok denies these claims, insisting data was stored in Virginia and Singapore. President Biden signed legislation requiring ByteDance to sell TikTok within nine months or face a ban in the U.S. TikTok CEO plans to fight the legislation in court.

Tesla cars in China

Local Chinese authorities have removed restrictions on Tesla cars in China after the company's vehicles passed the country's data security requirements. Tesla's electric cars are popular in China but were banned from some government properties due to data collection concerns. Other electric vehicle manufacturers like BYD, Lotus, Nezha, Li Auto, and Nio also passed the data security rules. Tesla localized data storage in 2021 and is working towards making Full Self Driving available in China.

Ban on Chinese-Owned Tutoring Company for U.S. Military

Republican lawmakers are pushing to ban a Chinese-owned tutoring company, Tutor.com, from being used by U.S. military service members and their families due to concerns about data exposure to the Chinese Communist Party.