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Tech Jan 2013 - "Technology: Data Brokers Face Federal Trade Commission Scrutiny"

Tech Jan 2013 - "Technology: Data Brokers Face Federal Trade Commission Scrutiny"

Tech Jan 2013 - "Technology: Data Brokers Face Federal Trade Commission Scrutiny"

Excerpt


Technology: Data Brokers Face Federal Trade Commission Scrutiny



Breaches of users’ presumed privacy, and social networks’ policies on sharing information were constant topics in business news throughout 2012. It’s likely that these issues will continue to be major concerns in the New Year, too. Meanwhile, the larger issue of data brokerage has also come under increased scrutiny – highlighted by the Federal Trade Commission’s year-end launching of a probe into this industry – which remains largely unregulated. Unlike social networks that rely on voluntary membership, data brokers don’t seek your permission to mine, collect and sell your personal data. At a later date, this data – whether it is accurate or not – could affect your credit rating, your ability to sign a lease or conduct other important professional or personal business.


 


 


 



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