Personal Information: Key Federal Privacy Laws Do

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Personal Information: Key Federal Privacy Laws Do Not Require the Information Resellers to Safeguard All Sensitive Data

The growth of info. resellers (IS) -- companies th

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By Yvonne D. James (au)
Year: 2006
Pages: 70
Binding Paperback

Product Code: 1422308324

Description

The growth of info. resellers (IS) -- companies that collect & resell publicly available & private info. on individuals -- has raised privacy & security concerns about this industry. These companies collectively maintain large amounts of detailed personal info. on nearly all American consumers, & some have experienced security breaches in recent years. This report examines: (1) financial institutions’ use of IS; (2) fed. privacy & security laws applicable to IS; (3) fed. regulators’ oversight of IS; & (4) regulators’ oversight of financial institution compliance with privacy & data security laws. The author analyzed documents & interviewed rep. from 10 IS, 14 fin’l. institutions, 11 regulators, industry & consumer groups, & others. Charts & tables.

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