If a business holds your personal data, whose interests should guide its decisions? Under a proposed New York privacy law, the business would be a data fiduciary: legally responsible for protecting that data and acting in your best interests, even when its own interests differ. section 4.7.3
The proposed duties include care, loyalty, and confidentiality in protecting data against privacy risks. The bill would also let consumers correct inaccurate information. These are proposed rights, not a statement that the law is already in force. section 4.7.3
