On last.fm: Visual radio - New on Last.fm!
BNET Business Network:
BNET
TechRepublic
ZDNet
TalkBack 7 of 34:
Next »
« Previous
Time for serious privacy laws is now....
The apparently weak security around our identity information really shows how the custodians of such information fail to see the risks to customers and themselves when this info is released. People now are:

1.Shunning online banking because of spyware.

2.Having to spend great amounts of time correcting errors in credit report.

3. Not "applying" for anything non-mandatory. Anytime you see an application (life or health insurance, credit card, loans) you have to figure this will go into a database or go overseas and may come to haunt you.

4. Getting charged more for loans, life insurance, etc. for errors on credit reports.

5. Getting turned down for jobs due to errors from background checks.

6. Having to file bankruptcy (which is really incredible) due to identity theft. People suffer from the lax financial/marketing system the companies have built.

When business understands how this will cost them (from lawsuits, lost business, etc.) maybe they will start advocating stronger privacy laws and barriers to information access instead of fighting them.
Posted by: redstone   Posted on: 02/26/05 You are currently: a Guest | Members login | Terms of Use
Reply to Story Reply to Message

Alert moderator to an offensive message

Subscribe to this discussion via Email or RSS

Guess what?  gfeier | 02/25/05
To Late...I'm already uncomfotable.  Laff | 02/25/05
Can anything more be said?  Jeff Spicoli | 02/25/05
Whoopee Do  Chad_z | 02/25/05
What I want to know is.....  turmith@... | 02/26/05
Nothing will ever happen to them as a consequence, either.  thetwonkey | 02/26/05
Time for serious privacy laws is now....  redstone | 02/26/05
What I find odd is that the administration is currently  Laff | 02/26/05
Or serving hot coffee...  No_Ax_to_Grind | 02/26/05
While I agree there have been abuses...still taking away  Laff | 02/26/05
The administration is not ...  ShadeTree | 02/28/05
No Panels, But peer review with  Update victim | 02/28/05
unrestricted torts are a big problem.  maxo_z | 02/26/05
I would restrict them only in terms of a legitimate vs  Laff | 02/26/05
Why should associationg make one guilty  voska | 02/28/05
I agree ... corporate shield is the problem  George Mitchell | 02/26/05
Agreed.  Update victim | 02/28/05
This is a surprise?  zclayton2 | 02/28/05
I bet they were Linux tapes.  No_Ax_to_Grind | 02/26/05
If they were ...  George Mitchell | 02/26/05
No they weren't, they were Windows tapes, dangit!  Jeff Spicoli | 02/26/05
Idiot magnet  LinuxHippie | 02/27/05
Now you stoop low enough to troll?  CobraA1 | 02/28/05
Since when is a 'million+' a "small" number?  marcvridenour | 02/26/05
"Small" number of TAPES  Hugh Jass | 02/26/05
To me, the article implies  Hugh Jass | 02/26/05
2 Day Saver or Ground shipping?  FirstNLastN | 02/26/05
Glad they got the big-wig's data also ...  Plain Logic | 02/27/05
Only an idiot doesn't encrypt backup tapes  SanfordOlson | 02/27/05
Oh My  Richard Flude | 02/28/05
If tapes are NOT reliable enough to encypt  Laff | 02/28/05
Only when the people responsible...  BitTwiddler | 02/28/05
Actually I think this works in the governments  Laff | 02/28/05
Finally!  Freelance Foto | 03/13/05

What do you think?

SponsoredWhite Papers, Webcasts, and Downloads

advertisement
advertisement
Click Here

SmartPlanet

Click Here