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MIT Technology Review

About 69% of Americans are skeptical that companies will use their private information in a way they’re comfortable with, while 79% don’t believe that companies will come clean if they misuse the information.  When it comes to who they trust, there are differences by race.

But among all respondents, more than 80% were concerned about what social-media sites and advertisers might know.  Despite these concerns, more than 80% of Americans feel they have no control over how their information is collected.  The small print: Very few people read privacy policies, the survey shows.

Some Democrats have introduced legislation that would give the Federal Trade Commission power to fine tech companies up to 4% of their annual revenue for privacy violations, which is a much bigger amount than current fines.

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