Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 76 pages
File Size : 51,7 Mb
Release : 2017-09-13
Category : Electronic
ISBN : 1976364892
Personal Information by United States Government Accountability Office Pdf
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. These companies collectively maintain large amounts of detailed personal information on nearly all American consumers, and some have experienced security breaches in recent years. GAO was asked to examine (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. To address these objectives, GAO analyzed documents and interviewed representatives from 10 information resellers, 14 financial institutions, 11 regulators, industry and consumer groups, and others.