One of my investors sent me this link after I shared last week's goody about social-connections = creditworthiness. I have not heard of Victor Sowers or his blog but there's a lot of meat. First the link and then two excerpts.
http://markets2mountains.com/mountains/big-picture/is-privacy-dead/"It gets worse. All of the data that is being collected is starting to be aggregated with increasingly sophisticated models and data is being aggregated into new scoring models across different facets of our lives. These scores could have important ramifications for us, yet they remain shrouded in secrecy. We have access to our credit scores, shouldn’t we have the same right to know what else is out there?"
Actually, we only have access to our credit scores when it comes through a credit bureau using payment history. Those powerful new algorithms run against social and behavioral marketing data? Vendors say FCRA doesn't cover it.
And then this morsel at the end.
"Privacy isn’t dead, but we are at a crossroads where the impact of new technologies combined with an antiquated and corrupted legal system and power-hungry companies and governments has placed our individual privacy at great risk to government overreach, unethical corporate spying, and straight-up thieves.
At this juncture we must make real choices and put real pressure on our elected officials and the companies we do business with or face a future filled with potential oppression.
So where is all the activism?"
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LaVonne Reimer, Founder
Lumenous
503-720-0690 (cell)
lavonnereimer (skype)
www.lumenous.net