The Internet provides unprecedented opportunities for the collection and sharing of information
from and about its consumers. But recent studies show that consumers have very strong concerns about the security and confidentiality of their personal information in the online marketplace. Many consumers also report being doubtful of engaging in online commerce, in part because they fear that their personal information can be misused.
These consumer concerns present an opportunity for you to build on consumer trust by implementing effective voluntary industry-wide practices to protect consumers’ information privacy. The FTC has held a number of workshops for industry, consumer groups and privacy advocates to explore industry guidelines to protect consumers’ privacy online.
(Source:FTC.gov)
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