Aaron Levie. Photo: Justin Sullivan/Getty Images

Even as politicians in D.C. struggle to come up with national privacy legislation, Box CEO Aaron Levie says there is a growing consensus on what should be expected of companies.

Why it matters: As large companies adopt policies to comply with EU and California laws, federal legislation becomes more a formality and less of a battleground.

  • "We're stumbling our way there," Levie told Axios on Thursday in an interview at the company's San Francisco office.

The big picture: Specifically, he said, there is growing convergence around several key points.

  • Customers should know how their data is being accessed.
  • They should have some degree of a right to revoke access.
  • There should be limits to how third parties can access that data.
  • Companies should probably be required to provide some level of auditing or reporting to the federal government.

What he's saying: "It's a very blurry image but you can start to see the contours of what a global privacy set of laws might look like."

  • "We're probably 5 years out from this being anything that gets standardized. But I think it is not unrealistic that things could start to converge more on this stuff."

Meanwhile, Levie expects big companies to largely adopt the California rules that go into effect in January, just as most companies adopted the EU's GDPR requirements globally. Google, for example, committed Thursday to doing just that.

  • "It's just how you will build your systems," he said.

The bottom line: Increased regulation is good for Box's business. "The more complex the world gets from a data privacy standpoint," Levie said, "the more companies want partners that can abstract that."

Go deeper: The global shortage of privacy professionals

Go deeper

IG report: Saudi arms sales were legal but didn't weigh civilian casualties

Secretary of State Mike Pompeo. Photo: Gabriel Kuchta/Getty Images

Secretary of State Mike Pompeo acted legally when he bypassed Congress to approve $8 billion in arms sales to Saudi Arabia, but failed to "fully assess risks and implement mitigation measures to reduce civilian casualties" that resulted from the deal, according to a report by the State Department inspector general.

Why it matters: The 2019 sale drew bipartisan ire among lawmakers, who worried it could lead to a pattern of the administration using "emergency declarations" to circumvent Congress to approve weapons deals. The report comes two months after former Inspector General Steve Linick testified that he was pressured by a top Pompeo aide to drop the investigation.

3 hours ago - Health

Florida reports another daily record for coronavirus deaths

Nurse practitioner Barbara Corral and a research assistant conduct a COVID-19 vaccination study on August 7 in Hollywood, Florida. Photo: Joe Raedle/Getty Images

Florida's health department on Tuesday reported 276 new coronavirus deaths, surpassing the state's record from July 31.

The big picture: The state also recorded over 5,800 new cases — on the low side for a state that is one of the domestic epicenters for the virus.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 12:30 p.m. ET: 20,130,206 — Total deaths: 737,394 — Total recoveries: 12,382,856Map.
  2. U.S.: Total confirmed cases as of 12:30 p.m. ET: 5,100,636 — Total deaths: 163,681 — Total recoveries: 1,670,755 — Total tests: 62,513,174Map.
  3. States: Florida reports another daily record for deaths State testing plans fall short of demand.
  4. Axios-Ipsos poll: 1 in 2 has a personal connection to COVID-19.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. World: New Zealand reports first local cases for 102 days — Why you should be skeptical of Russia's vaccine claims.