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#faircreditreportingact — Public Fediverse posts

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  1. CW: Long thread/7

    They've proposed new rules limiting trade between brokers and bureaux under the #FairCreditReportingAct, putting strict restrictions on the transfer of information between them:

    cnn.com/2023/08/15/tech/privac

    As @KarlBode writes for #Techdirt, this is long overdue and meaningful. Remember all the handwringing and chest-thumping about #Tiktok stealing Americans' data to the #Chinese military? China doesn't need Tiktok to get that data - it can buy it from data-brokers. For *peanuts*.
    7/

  2. epic.org/epic-urges-cfpb-to-ta

    #DataBrokers are the hidden engine of the #surveillanceeconomy,” @epic Director of Litigation John Davisson said. “These companies collect, process, package, and sell our personal data at industrial scale with minimal oversight, transparency, or accountability. The #CFPB has the opportunity to change that by breathing new life into the #FairCreditReportingAct and cracking down on the data broker industry.”