I use google service a lot, but what about the information I put in on a daily basis? I trust google, but it could turn out to be a big mistake in the long run: they now own everything that I have put on their servers.
Facebook user learned that the hard way earlier last year:
Wired News: Lessons From the Facebook Riots
What information do YOU have out there? how is it treated?
The credits card companies are more interested in your habits than your interest. Taken individually, those purchases giving little information. But if you take every purchases made from one card company, it is worth a fortune in statistical information.
The same logic is true for the debit card. Banks makes a lot of money from transaction feeds but the information from all theses transactions are worth their own weight in gold. Thus your information is worth money, and it give incentives to theses entities (any companies) to sell your information.
Once it's sold, who knows what will happen to it?
Anyway, I'm not an expert in privacy (far from it) but I like to remind people, not to fear, but to be concern about what trail you leave behind you...
Monday, January 29, 2007
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