Data brokers that keep files on consumers are labeling people by their ethnic backgrounds, income, and even by their hobbies, politics and. Yesterday, the Federal Trade Commission (FTC) released a long-awaited report on the data broker industry. The report provides a great deal of insight into. FTC warns data brokers on privacy. And in December FTC officials ordered nine data brokers to explain how they assemble and sell profiles of. What are the different types of data brokers? The FTC divides the data broker industry into three broad categories based upon. FTC Wants Transparency From Data Brokers FTC Asks Congress to Require Firms to Give Consumers Greater Control Over Their Personal Information. In a report just released by the FTC, the commission determined that list brokers should be regarded in the same way as data brokers. The FTC highlights a lot of different areas that it wants Congress to address and change going forward: For data brokers that provide marketing. Home; Blog; The FTC’s Data Broker Report: What does it mean for you? The FTC’s Data Broker Report: What does it mean for you. A widely anticipated report from the FTC, which began its investigation in December 2012, found that data brokers collect and store billions of. The FTC's recently released report on data brokers is, by my count, the fourth major government privacy report in the last two years to propose new policy. Data brokers lack transparency and Congress should consider laws giving people control over personal information, the Federal Trade Commission said. WASHINGTON (Reuters) - Companies known as data brokers collect and sell information about "nearly all" U. Consumers, drawing potentially. — FTC has its eye on regulating shadowy business of “data brokers” Big business: segmenting consumers with income, health, and. The United States Federal Trade Commission on Tuesday ordered nine data brokerage firms to provide the agency with information on how they collect and use. WASHINGTON (AP) — In a first-of-a-kind case, the Federal Trade Commission is targeting a data broker for allegedly selling sensitive consumer information. New laws to regulate data called for by FTC do not include individual marketers, but do include brokers of mailing lists. Data Brokers A Call for Transparency and Accountability May 2014 Federal Trade Commission Edith Ramirez, Chairwoman Julie Brill, Commissioner Maureen K. White FTC Settles with Data Brokers in Sale of Consumer Data Used for Illicit Purposes. Data Brokers: A Call For Transparency and Accountability: A Report of the Federal Trade Commission (May 2014). WASHINGTON (AP) — Companies are collecting billions of pieces of information about consumers to create individual profiles to effectively target. I keep coming back to the FTC’s report on new consumer privacy guidelines issued early in the year. Not only do the guidelines give a sense of the agency’s. The Federal Trade Commission (FTC) made waves Tuesday with a new report suggesting that data brokers need to make their actions transparent to the public.

 FTC Charges Data Brokers with Helping Scammer Take Than $7 Million from Consumers' Accounts Sold Personal Financial Information Obtained from Online. He said the FTC’s inability to find documented abuse of personal information suggests that data brokers should continue operating through self-regulation. The statements from the Federal Trade Commission (FTC) surrounding the release of its long-awaited data broker industry report—“Data Brokers: A Call for. The FTC’s Data Broker Report: What does it mean for you? Send to Printer. FTC Asks for Data Broker Law and Central Hub for Consumer Control Agency Releases Much-Anticipated report, Calls Industry Too Opaque. Europe and the Right to be Forgotten and the FTC Data Broker Report. The case is known as the “right to be forgotten. This industry on behalf of consumers, many of whom are unaware that data brokers even exist. ”[4] Indeed, the report notes that one of the data brokers. FTC Recommends Congress Require the Data Broker Industry to be Transparent and Give Consumers Greater Control Over Their Personal Information. Everything We Know About What Data Brokers Know. The FTC suggested that data brokers should create a centralized websitethat would make. Shadowy data brokers have turned online and offline data collection into a huge unregulated business. In a report roughly 18 months in the making, the FTC has released “Data Brokers: A Call for Transparency and Accountability,” which both defines the data. Clients should regularly revisit data collection and use practices in order to ensure the accuracy of current disclosures. Given the FTC report’s focus on. The Federal Trade Commission (FTC) has sent warning letters to 10 data brokers after an investigation indicated that they might be willing to. WASHINGTON (AP) -- In a first-of-a-kind case, the Federal Trade Commission is targeting a data broker for allegedly selling sensitive consumer. The Data Brokers: Selling your personal information. Steve Kroft investigates the multibillion dollar industry that collects, analyzes and sells. In today’s economy, Big Data is big business. And data brokers — companies that collect consumers’ personal information and resell or share that. The Federal Trade Commission (“FTC”) recently released a report on the data broker industry that summarizes the FTC’s findings from an in. Title: The FTC’s Data Broker Report: What does it mean for you? Created Date: 9/8/2016 2:50:19 PM. Data brokers should give consumers control over their personal information, and Congress should consider legislation that reins in the ways. FTC’s Data Broker Report Brings New Facts to Light about how Consumer Data is Captured and Sold.