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Re:I'm Testifying to Congress about Data Breaches – What Sho... by WalterBright on Tuesday November 21, 2017 @10:29PM (#15754009)
Perhaps a more pragmatic solution would be like truth in labeling laws on food cans. I.e. the company collecting your data must explicitly say what it is collecting, in a standardized format specified by the government.

Like if an app is going to transmit your email address book back to headquarters, it must specifically disclose it is doing so, otherwise the app maker is subject to enforcement action.

Re:I'm Testifying to Congress about Data Breaches – What Sho... by voidmain on Tuesday November 21, 2017 @10:33PM (#15754029)
That won't solve the problem, because there are plenty of good reasons for people to share information with companies that they don't want to share with everyone. In the case of the Equifax breach, people shared personal information with their lenders; do you think they're going to stop doing that if they're informed?

See also my reply to @pishpash below.