Senator Rockefeller has sent a letter to Experian questioning its practices around a subsidiarys sales of sensitive consumer data. On Wednesday afternoon, Senator John D. Rockefeller IV, a West Virginia Democrat, sent a letter to Donald Robert, the chief executive of Experian, asking for information about a company subsidiary, called Court Ventures, that sold sensitive consumer data, allegedly to an identity theft service in Vietnam. The crux of the problem is that this data -- even though it contained consumers SSNs -- is being used for risk purposes and therefore is not regulated the same way as information being used to make credit decisions. The Senators letter summed up the problem well: “However, if these recent news accounts are accurate, they raise serious questions about whether Experian as a company has appropriate practices in place for vetting its customers and sharing sensitive consumer data with them, regardless of the particular line of business.” bits.blogs.nytimes/2013/10/24/senator-intensifies-probe-of-data-brokers/?_r=1
Posted on: Thu, 24 Oct 2013 20:51:31 +0000
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