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note
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The concept of government regulation as a way to manage consumer privacy has been gaining popularity recently. In the United States, the data handling policies of the financial services and health care industries are already regulated by GLB and HIPAA, respectively, and the U.S. Congress is currently debating whether to legislate additional privacy protections for the general Internet. Topics under debate include how much notice and disclosure Web sites should be required to give online visitors, and whether government should legislate blanket opt-in or opt-out requirements when personal information is collected online.
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52549126537
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Jupiter Communications, June
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In a recent Forrester study, it was estimated that roughly $12 billion was lost in e-commerce due to privacy concerns in 2000. A recent analyst study "Proactive Online Privacy: Scripting an Informed Dialog to Allay Consumers' Fears," (Jupiter Communications, June 1999), predicted that as much as $18 billion would be lost in e-commerce by 2002 if privacy concerns were not addressed.
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