Data Broker Is Charged With Selling Consumers’ Financial Details to ‘Fraudsters’

Discussion in 'privacy problems' started by ronjor, Dec 25, 2014.

  1. ronjor

    ronjor Global Moderator

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    http://bits.blogs.nytimes.com/2014/...ing-consumers-financial-details-to-fraudsters
     
  2. driekus

    driekus Registered Member

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    Wow that is utterly despicable.
    I hope the person behind it thrown in jail and has to pick up the soap a few times.
    In reality the person will probably get a slap on the wrist and a job offer from Goldman Sachs.
     
  3. ronjor

    ronjor Global Moderator

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    More.

    http://krebsonsecurity.com/2014/12/payday-loan-network-sold-info-to-scammers
     
  4. driekus

    driekus Registered Member

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    Thanks Ronjor for picking up the second article.
    So hackers steal private information from Sony and the president gets involved even though some of the information shows Sony breaking/bending the law.
    A corporation steals private information from people and resells it for illegal purposes and the FTC gets involved but not the police.
    Maybe I need to set up my own corporation and marry it so I get some rights.
     
  5. ronjor

    ronjor Global Moderator

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    First, we need to get rid of the "data brokers". The system is broken.
     
  6. driekus

    driekus Registered Member

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    Agreed, ideally just scrap the whole industry. Zero accountability.
    Always had in the back of my mind the question of how they get hold of the information they have.
     
  7. ronjor

    ronjor Global Moderator

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    http://www.cbsnews.com/news/the-data-brokers-selling-your-personal-information/
     
  8. driekus

    driekus Registered Member

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    Wow Ronjor, great video.

    Loved the interview with the data broker at the end that stated that any regulation of data brokers could cripple the economy.
    I also liked how he denied access to information held on reporter and only offered information like they have and implied the average consumer would be unable to comprehend the data.

    I would love to get hold of their database, just to be able to show people what they have.
     
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