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CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data to Scammers, Stalkers, and Spies
The CFPB today proposed a rule to rein in data brokers that sell Americans' sensitive personal and financial information.
These changes would significantly limit the ability of data brokers to sell sensitive contact information that could be used to target, harass, or dox individuals seeking privacy protection, including domestic violence survivors. The proposed rule would preserve existing pathways created by the FCRA for government agencies to access consumer report information for legitimate law enforcement, counterterrorism, and counterintelligence purposes. The agency found that data brokers routinely sidestep the FCRA by claiming they aren't subject to its requirements – even while selling the very types of sensitive personal and financial information Congress intended the law to protect.
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