| Description |
1 online resource (156 pages) : illustrations |
| Series |
Financial institutions and services series |
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Financial institutions and services.
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| Contents |
Congressional Interest in the Information Reseller Industry Has BeenHeightenedUSING GOVERNMENTWIDE CONTRACTS, FEDERAL AGENCIES OBTAIN; Personal Information from Information Resellers for a Variety of Purposes; Department of Justice Uses Information Resellers Primarily for LawEnforcement and Counterterrorism Purposes; DHS Uses Information Resellers Primarily for Law Enforcement and Counterterrorism; SSA Uses Information Resellers Primarily for Fraud Prevention and IdentityVerification; The Department of State Uses Information Resellers Primarily for PassportFraud Detection and Investigation |
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Agencies Contract with Information Resellers Primarily through Use of GSA's Federal Supply Schedules and the Library of Congress's FEDLINKServiceRESELLERS TAKE STEPS TO PROTECT PRIVACY, BUT THESEMEASURES ARE NOT FULLY CONSISTENT WITH THE FAIRINFORMATION PRACTICES; Information Resellers Generally Did Not Report Limiting Their DataCollection to Specific Purposes or Notifying Individuals about Them; Information Resellers Do Not Ensure That Personal Information TheyProvide Is Accurate for Specific Purposes |
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Information Resellers' Specification of the Purpose of Data CollectionConsists of Broad Descriptions of Business CategoriesInformation Resellers Generally Limit the Use of Information as Requiredby Law, Rather Than on the Basis of Purposes Originally Specified When the Information Was Collected; Information Resellers Reported Taking Steps to Improve SecuritySafeguards; Information Resellers Generally Informed the Public about Their PrivacyPolicies and Practices; Information Reseller Policies Generally Allow Individuals Limited Ability toAccess and Correct Their Personal Information |
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Information Resellers Report Measures to Ensure Accountability for the Collection and Use of Personal InformationAGENCIES LACK POLICIES ON USE OF RESELLER DATA, ANDPRACTICES DO NOT CONSISTENTLY REFLECT THE FAIRINFORMATION PRACTICES; Agency Procedures Reflect the Collection Limitation, Data Quality, UseLimitation, and Security Safeguards Principles; Limitations in the Applicability of the Privacy Act and Ambiguities in OMBGuidance Contribute to an Uneven Adherence to the Purpose Specification, Openness, and Individual Participation Principles |
| Summary |
Annotation This book explores federal privacy laws, information resellers and their ability to safeguard all sensitive data. The growth of information resellers - companies that collect and resell publicly available and private information on individuals - has raised privacy and security concerns about this industry. Thus, financial institutions such as banks, credit card companies, securities firms, and insurance companies use personal data obtained from information resellers to help make eligibility determinations, comply with legal requirements, prevent fraud, and market their products. Some companies also use reseller products to comply with Patriot Act rules, to investigate fraud, and to identify customers with specific characteristics for marketing purposes. Furthermore, this book discusses the Government Accountability Office (GAO), which examined 1) financial institutions'use of resellers 2) federal privacy and security laws applicable to resellers 3) federal regulators'oversight of resellers and 4) regulators'oversight of financial institution compliance with privacy and data security laws |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
United States. Government Accountability Office.
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| SUBJECT |
United States. Government Accountability Office fast |
| Subject |
Data protection -- Law and legislation -- United States
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Information services -- Government policy -- United States
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Records -- Access control -- United States
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Financial institutions -- Law and legislation -- United States
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LAW -- Comparative.
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Data protection -- Law and legislation
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Financial institutions -- Law and legislation
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Information services -- Government policy
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Records -- Access control
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United States
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| Form |
Electronic book
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| Author |
Leger, Shane C
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| ISBN |
9781614700937 |
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1614700931 |
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