RadioShack customer data up for sale in auction

Well the sale will no doubt be allowed to go ahead but I hope there are strct limitations as to who can buy the data and how it is used. That is a huge amount of data to sell and it must be very attractive to all sorts of organisations.

Mar 25, 2015 By  Martyn Williams
 
New York’s Attorney General says his office will take “appropriate action” if personal data on millions of RadioShack customers is handed over as part of a just-concluded bankruptcy sale.
 
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I'm going back to pen and paper. This is ridiculous. Oh by the way I'm an IT guy.

Bankruptcy court will still need to decide whether the compromise addresses all concerns.

by Megan Geuss - May 18, 2015
 
On Monday the Federal Trade Commission (FTC) sent a letter to the bankruptcy court presiding over RadioShack's supervised asset sell-off suggesting a compromise that would allow RadioShack to sell its database of information from 117 million customers.
 
The sale of the data—which includes names, addresses, e-mail addresses, phone numbers, and purchase histories—has caused concern among consumer protection advocates. The states of Tennessee and Texas recently filed objections to RadioShack's plan to find a buyer for its database, saying that the company promised in various privacy policies that it would not resell customer data to third parties. AT&T and Apple also objected to the sale of portions of the database, saying that that information actually belongs to them and not to RadioShack as per RadioShack's business agreements with those companies.
 
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