
Sign up to save your podcasts
Or
As consumers, we leave trails of personal data all over the internet. And collecting and selling it is big business. Sensitive information, like our Social Security numbers, incomes and credit scores, are often sold by so-called data brokers to the highest bidder. Sometimes that’s a bank, sometimes it’s a scammer. This month, the federal Consumer Financial Protection Bureau proposed a rule that would crack down on the practice. It would bar companies from selling sensitive data or hold them to the same legal standards that apply to credit reporting agencies. Rohit Chopra, director of the CFPB, explained the proposal in more detail to Marketplace’s Meghan McCarty Carino.
4.5
12341,234 ratings
As consumers, we leave trails of personal data all over the internet. And collecting and selling it is big business. Sensitive information, like our Social Security numbers, incomes and credit scores, are often sold by so-called data brokers to the highest bidder. Sometimes that’s a bank, sometimes it’s a scammer. This month, the federal Consumer Financial Protection Bureau proposed a rule that would crack down on the practice. It would bar companies from selling sensitive data or hold them to the same legal standards that apply to credit reporting agencies. Rohit Chopra, director of the CFPB, explained the proposal in more detail to Marketplace’s Meghan McCarty Carino.
6,069 Listeners
883 Listeners
8,636 Listeners
30,965 Listeners
1,354 Listeners
32,076 Listeners
43,482 Listeners
2,169 Listeners
5,496 Listeners
1,449 Listeners
9,526 Listeners
3,598 Listeners
6,245 Listeners
163 Listeners
2,577 Listeners
1,322 Listeners
1,590 Listeners
82 Listeners
221 Listeners