U.S. Limits Sales of Americans' Personal Data to China, Other Adversaries.

President Biden has signed an executive order aimed at restricting the sale of sensitive U.S. data to China and other adversarial countries. The order is intended to address the national security risk posed by the use of Americans' personal information by foreign spy agencies. Under the order, specific categories of sensitive data, such as genomic, biometric, and financial information, will be barred from being sold or transferred to "countries of concern." The order also tasks the Justice Department with creating regulations to protect Americans' personal data and restrict certain government-related data. However, concerns have been raised about unintended consequences and inhibiting cross-border data exchange. [Extracted from the article]