New Privacy Rights May Be Buried in "Junk" Mail

Now is not the time to toss junk mail and ignore inserts in your bank and credit card statements. "Watch your mail!" says Tena Friery, research director of the Privacy Rights Clearinghouse.

Because of a new federal law, financial institutions are now mailing notices to consumers containing important information about their privacy rights. "Failure to pay attention to these privacy notices may result in sensitive financial data being sold to other companies for marketing and other purposes," warns Friery.

Groups Oppose Data Mining of Health Information by Financial Institutions

Today, the Health Privacy Project (HPP), the Electronic Privacy Information Center (EPIC), and 28 other groups, including the Privacy Rights Clearinghouse, sent a letter to U.S. Health and Human Services Secretary Tommy Thompson, opposing any changes to the new medical privacy regulation that would give a green light to banks and other financial institutions to access sensitive, personal medical information. The organizations include health care advocacy, labor, consumer, disability rights, and health care provider groups.

Oversight Hearing On Financial Privacy and the Gramm-Leach-Bliley Financial Services Modernization Act

ongress knew that the 1999 Gramm-Leach Bliley Financial Services Modernization Act (GLBA) - a law long-sought by the financial industry to encourage the creation of integrated financial services firms -- would exacerbate already-identified financial privacy threats. So  Congress incorporated Title V to protect financial privacy, which included the following five key provisions. The most important and most successful is the last: the fail-safe states' rights provision allowing states to enact stronger financial privacy laws.

Comments to California Department of Insurance Concerning Privacy of Personal Financial and Medical Record Information

We are pleased to see that the proposed regulations, as revised, include a number of changes that will benefit individual privacy interests. We commend the staff of the Department for efforts to balance multiple interests and their willingness to consider our concerns about loss of personal privacy.


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