Online Financial Privacy Criticized
A new study by the Center for Democracy and Technology (CDT) demonstrates that online financial services often have inadequate means of controlling personal data use. CDT also filed a complaint with the Federal Trade Commission (FTC) alleging that several financial institutions are collecting information from customers without posting a privacy policy.Online Banking Privacy: A Slow Confusing Start to Giving Customers Control Over Their Information, CDT Report (7 MB PDF).
CDT complaint to the FTC.
Online Privacy Policies Decried, Washington Post, August 30, 2001.
