Over the past few years, tech giants like Facebook have been fined billions of dollars for their carelessness with your personal data.

Social media execs have come to Washington crying crocodile tears, apologizing, promising that next time they'll do better.

And then? Nothing changes. A few months later, we learn that those promises meant nothing: our data's been breached or brokered in defiance of the law, and the process restarts.

One thing's clear: the current penalties aren't working. That's got me asking a critical question: should executives at giant tech companies be held accountable for massive – and illegal – privacy violations their companies allowed to happen?

I think so, and it's why I introduced the Mind Your Own Business Act, which not only increases fines, but holds executives personally responsible when they lie to the government about their misuse and abuse of your personal information.

Read more about it here.

It's not just about penalties. The MYOB Act also dramatically strengthens protections for your data by creating a national "Do Not Track" list, and by requiring the implementation of minimum cybersecurity and privacy standards. It also gives federal regulators the tools and resources they need to go after bad actors who are abusing your data.

We can't carry on as we have been: with ultra-wealthy executives hiding behind their companies as they rake in huge profits by selling our information and betraying our trust.

I'd love to hear your thoughts. Let's chat about what this could mean for America.

Ron