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Yellen Says TikTok-Like Data Security Risks Are Growing More Common

  • Treasury secretary also oversees interagency review panel
  • Concern over data risks showing up in cases brought to Cfius
Bloomberg business news
TikTok Is Not Used to Spy on Americans, CEO Says

Treasury Secretary Janet Yellen, who oversees an interagency task force that’s reviewing national security concerns around TikTok Inc., said she’s seeing a growing number of situations that have raised concerns similar to those prompted by the app.

“When it comes to data, we’re seeing an increasing number of cases that do present risks around this issue, of the type that have been mentioned in connection with TikTok,” she said Thursday during an appearance before a subcommittee of the House Appropriations Committee.