Online Brokerage Services: An Accident Waiting to Happen

December 31, 1969
December 31,1969

This online portion of my brokerage account was set up "for my convenience" by the brokerage firm without any initiative from me, and what's worse, to my knowledge, without any notification that such an account had been set up. I did not become aware of the online account from the brokerage. I was made aware of it incidentally by a company I have stock in. I have no idea how long this account has been set up "for my convenience."

 

Internet Privacy: A Contradiction in Terms?

The  director of Privacy Rights Clearinghouse, Beth Givens, went head to head in last Sunday's San Diego Union-Tribune with Michael Robertson, a San Diego-based high-tech entrepreneur who founded MP3.com and Gizmo5 among other ventures. The topic was online privacy. Givens and Robertson each contributed op-ed pieces to the Dialog section of the Union-Tribune.

Social Security Administration Forum

The outcry that greeted the Social Security Administration's launch of the Personal Earnings and Benefits Statement on the Internet was a sign of the times. When many members of the public learned that information as sensitive as their annual wages and the amounts of their contributions to the SSA and Medicare would be available on the Internet, it brought up their concerns about control.

Who asked me?

Who else but me might be able to access that information?

What other uses can be made of that data that might harm me?

What safeguards are in place to ensure that this information does not get into the wrong hands?

What if I don't want my record on the Internet -- can I say 'no'?

Public Records in a Computerized Network Environment: Privacy Implications

The burgeoning information industry is acquiring data from both public and private sector sources, merging and repackaging them and then selling them on the marketplace. CDB Infotek is one of those companies, headquartered in Santa Ana -- another is Information Resources in Fullerton. Look in the Yellow Pages under 'investigators' and you'll see dozens of small companies that subscribe to the information services provided by these larger information clearinghouses.

 

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