The Latest Company to Sell Off Your Personal Information? Your Bank

Chicago Tribune and CNN Money are reporting:

“Many of the nation's leading banks and card issuers, including Wells Fargo, Citi, Sovereign Bank and Discover, are selling information about consumers' shopping habits -- how much they spend, where they shop and what they buy -- to retailers.”

Apparently disturbing my dinner once a week to peddle life insurance, upping ATM transaction fees, and eliminating checking account interest rates just didn’t make enough money. Now they’re going all Facebook on your data.
… and CITIBANK! SERIOUSLY?! The people who decided to wait a month after being hacked to tell everyone they had been violated to the tune of 200,000 credit card customer’s profiles? Now they want that information AND your shopping habits to be sold to the highest bidder who, I’m sure, has been verified to have the very highest degree of cyber security. You know, like Epsilon.

No comments :

Post a Comment