FTC Recommends Conditions For Sale of RadioShack Customer Data

Posted by samzenpus on Monday May 18, 2015 @06:36AM from the rules-of-the-game dept.

itwbennett writes: The FTC has weighed in on the contentious issue of the proposed sale of consumer data by RadioShack, recommending that a settlement with failed online toy retailer Toysmart.com be adopted as a model for dealings going forward. Director of the FTC's bureau of consumer protection Jessica L. Rich wrote in a letter to a court-appointed consumer privacy ombudsman that the agency's concerns about the transfer of customer information inconsistent with RadioShack's privacy promises "would be greatly diminished if certain conditions were met." These include: that the data was not sold standalone, and if the buyer is in the same lines of business, they agree to be bound by the same privacy policies.

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Why I never gave them my real information by grimmjeeper · 2015-05-18 06:49 · Score: 4, Interesting

I knew that my information would get out eventually. In the last 15 years I would only go in to buy specific things (none in the last 5+ years). Every time I would pay cash and give the clerk false information. I'm so very glad I did.