1. When collecting data to sell, it would be important to get as much information about the person as possible so the company can know and understand who wants their product or who uses it. The billing information would be storied so the company could send out more advertisements or even different deals to the more loyal customers.. The race, demographic information, and the age would be kept in order to evaluate what kind of customer the company is reaching the most. This would be a great tool for the company to use so they know how to market their product or future products they may have available. I wouldn’t sell any of the information to another company. I don’t think the customer would appreciate their information being given out to people they haven’t authorized. I would however, give them the option to click a box that would allow other companies to send them advertisements if they wanted too. This would give the customer the feeling their information is private unless they wanted it to be given to someone else.
2. I wouldn’t treat each case the same. I would send information to advertisers in order to help them improve and grow their businesses if the customer had authorized this. I would give the law enforcement agencies whatever they needed as long as they had the proper documentation supporting their request. I would never give the news media anything. There would be no reason a news media should need or want the personal information of one of my customers.
3. I
At 5% level of significance, is there sufficient evidence to conclude that the proportions of errors in transactions assigned to each of the 5 memory locations are all different?
When you use our online purchasing services, you may be asked for personally identifiable information such as your name, address, date of birth, email address, telephone number.
Companies have an obligation to protect their customer’s information, which goes beyond that of complying with state and federal regulations. If the company loses the trust of their customers, they risk the chance of damaging
Data Innovations Office facilitates cross-sector analytical insight generation to drive competitive value and optimize the use of its resources and financial assets. Under the Chief Data Officer’s leadership this office provides analytical services to many other business units. An agency relationship exists between Data Innovations Office and all other business units who use its services. At the same time, this office employs services of third party business analytics service providers. At times, the third party companies may need a database to create solutions which pose a great value. They might not be able to generate these databases on their own due to sheer volume of data and lack of very expensive data processing environments. Although these companies are hired to provide services solely for the interest of the principal – in our case Citigroup- they might see a potential to profit from selling their findings to other corporations. The principal limits such behavior by establishing appropriate incentives for the agent through the Master Service Agreements and by incurring monitoring costs. A non-disclosure agreement is also signed by the agent to legally prevent them from releasing any of their findings.
You have a responsibility to report the theft, loss or any unauthorized disclosure of such information.
On September 8, 2015, it was discovered that a Patriot Financial Services (PFS) employee, whom provided customer support services to clients, had stolen personal financial data from approximately 50K of their customers. The data stolen by this employee was comprised of personal customer information including full names, home addresses, social security numbers, contact numbers, bank account numbers, driver 's license numbers, birth dates, email addresses, mother 's maiden names, pin’s and account balances. The suspect employee then proceeded to leak out this
This paper will describe the data-collection and data-analysis needs for a program to increase the retention rate of adult learners; subsequently, there will be an inclusion of strategies to be utilized in succeeding collection. There will be a description of communication needs with stakeholders that will include strategies to meet those needs.
when companies want to use personal data and share data with third parties they have to ask permission from the person whose data they wish to use. On e-commerce sites they can do this by presenting tick boxes when a user enters their details.
Not including alphabetic characters in a Social Security Number field is an example of _____.
However, the customers are the weaker side when they compete with the corporations. People have to spend so much time on privacy policies provided by the corporations, which most of the time do not match with the actual practice. Even more important is that the customers are not fully aware the action and the danger of data collection. Many people believe that the data collection would do no harm to them, and adversely it could become a mutual benefit as the corporations provide better service. However, it is not that simple. All of customers’ information is linked to people’s privacy. This collection could generate far-reaching effects, especially related to our lifestyles or sensitive medical histories. Samuel Greengard, the author of “Advertising Gets Personal”, writes about how data collection influences our lives. For example, the prospected employer may refuse to hire a person according to their medical record or personal lifestyle. It may lead to the exposition of all of the privacy (Greengard
-Increase revenue possibilities with data shared to all sales staff for purposes of network buy cross selling and providing clients with products that fit marketing needs in both print and online.
Fortunately, I have never been notified that my personal information had been compromised. It is my belief that the corporations or agencies that at one point or another asked for our personal information, are responsible for keeping it secure. For this reason, I think the database owners should pay a fine and should be responsible for the damages. If there is significant proof that they were responsible for these damages. Currently, I’m not aware of any databases being compromised.
Luckily, for law enforcement, after ripping people off several times over emails, people who were promised services or goods and not receiving them, started to catch on. Police were notified by a number of people and were given the email addresses and names
Personal data is quickly becoming a commodity in today's high technology world. This information is used by banks, investment and brokerage companies, credit card merchants, government agencies (local, state and federal), and consumer product-based companies. Most people probably don't realize the amount of information that's shared between companies, or how often it's done. Many companies sell and share customer data to help sell products and find out what new products they should produce. Other uses include gathering information about inventory levels to help better determine what types of products are bought at which store, when and how often. This can be used for inventory and production, to make sure that the store (or
Individuals and corporations that are the victims of an organizations data theft may elect to sue the business for damages. As well as the legal costs involved, if the court rules in favor of the prosecution, then the business will be liable for the damages incurred. This has the potential to put the company out of business. Organizations will need to meet the compliance requirements of one or more Acts, depending upon their vertical industry. The requirement, which is broad-based, is to ensure customer privacy. This is essential to prevent personal details such as social security information, addresses, credit card information, and more, being divulged through data