September 19, 2014

Privacy: FTC to Study Data Broker Industry’s Collection and Use of Consumer Data

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From a Federal Trade Commission Announcement:

The Federal Trade Commission issued orders requiring nine data brokerage companies to provide the agency with information about how they collect and use data about consumers.  The agency will use the information to study privacy practices in the data broker industry.

Data brokers are companies that collect personal information about consumers from a variety of public and non-public sources and resell the information to other companies.  In many ways, these data flows benefit consumers and the economy; for example, having this information about consumers enables companies to prevent fraud.  Data brokers also provide data to enable their customers to better market their products and services.

The nine data brokers receiving orders from the FTC are:
1) Acxiom
2) Corelogic
3) Datalogix
4) eBureau
5) ID Analytics
6) Intelius
7) Peekyou
8) Rapleaf
9) Recorded Future.

The FTC is seeking details about:

  • the nature and sources of the consumer information the data brokers collect;
  • how they use, maintain, and disseminate the information;
  • the extent to which the data brokers allow consumers to access and correct their information or to opt out of having their personal information sold.

The deadline for the companies to file with the FTC is February 1, 2013.

Links to Primary Documents and More Info (via FTC).

share save 171 16 Privacy: FTC to Study Data Broker Industry’s Collection and Use of Consumer Data
Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.