New proposed commercial surveillance regulations are poised to be unveiled by the Federal Trade Commission in the next few months amid concerns of misuse and data security gaps, reports The Record, a news site by cybersecurity firm Recorded Future. Aside from compelling organizations to collect only necessary data and delete such information upon the conclusion of their business with customers, such rules would also ensure that organizations will be held liable for any algorithm-based decisions using consumer data, said sources close to the matter.

Source: SC Magazine