GDPR Watchdog: Below a snapshot of a longer article in the Guardian by Bruce Schneier who is a security technologist and a Fellow at the Harvard Kennedy School, and CTO of IBM Resilient. The most interesting part of the article is that PayPal has published a list of the 600 companies they alone share your private data with……
Surveillance is the business model of the internet. It’s not just the big companies like Facebook and Google watching everything we do online and selling advertising based on our behaviors; there’s also a large and largely unregulated industry of data brokers that collect, correlate and then sell intimate personal data about our behaviors. If we make the reasonable assumption that Congress is not going to regulate these companies, then we’re left with the market and consumer choice. The first step in that process is transparency. These new laws, and the ones that will follow, are slowly shining a light on this secretive industry.
(GDPR) was passed in 2016 and took effect on 25 May. The details of the law are far too complex to explain here, but among other things, it mandates that personal data can only be collected and saved for specific purposes and only with the explicit consent of the user. We’ll learn who is collecting what and why, because companies that collect data are going to have to ask European users and customers for permission. And while this law only applies to EU citizens and people living in EU countries, the disclosure requirements will show all of us how these companies profit off our personal data.
It has already reaped benefits. Over the past couple of weeks, you’ve received many emails from companies that have you on their mailing lists. In the coming weeks and months, you’re going to see other companies disclose what they’re doing with your data. One early example is PayPal: in preparation for GDPR, it published a list of the over 600 companies it shares your personal data with. Expect a lot more like this. Read the full article here
GDPR Watchdog: Scary to click on the two links above and see all the companies listed that PayPal share your information with. That’s first class Surveillance!
This article is sponsored by:
Show your customers that you care about their privacy! European Center for GDPR Certification is the “Consumer Trust Body” of the General Data Protection Regulation. Visit GDPRcertified.org to read about how to add “GDPR TRUST SEAL”™ to your website in order to gain more business and distance you from the not so serious businesses – It Pays Off!