Financial Privacy Issues

Financial Institutions and Privacy Issues             Back to NCPA Debate Home Page

Privacy Lax at Failed Dot-Coms By CNET News.com, July 1, 2000 Some failed dot-coms are releasing information their customers may have thought would remain under lock and key as they scramble to sell assets to appease creditors. ----- Testimony of Beth Givens, April 24, 2000 (Privacy Rights Clearinghouse) [Assembly Banking and Finance Committee, Assembly Bill 1707, Assemblymember Sheila Kuehl] The two most critically important provisions of this bill [AB 1707] are the disclosure requirement and the opt-in standard for the sharing of customer information with company affiliates and third parties. I will make five points this afternoon, regarding: change, fraud, privacy, consumer benefits, and business costs... -----