Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of H.R. 847, the Promoting Digital Privacy Technologies Act. This legislation supports research activities to advance innovative technologies to safeguard individuals' privacy. As Americans have moved more and more of their lives online, especially during the pandemic, it has also resulted in more digital consumer data and personal information being generated than ever before. This personal information has long been a target for cybercriminals, and it has only worsened over the pandemic. According to the Federal Trade Commission, identify theft increased by almost 3,000 percent over the past year. This problem is exacerbated by the failure of some companies to properly safeguard consumer data. This data is a valuable asset. In 2017 ``The Economist'' claimed data is now the world's most valuable resource. When safely utilized, it can do a great deal to spur our economy and support innovations like artificial intelligence and machine learning. Our task is to ensure this resource doesn't fall into the hands of bad actors, putting Americans' private information at risk. Privacy Enhancing Technologies, PETs, may be part of the solution. PETs utilize cryptography and statistics to minimize the amount of personally identifiable information while ensuring the data sets are still usable.…”