Free Republic

G.M. had provided information about braking, acceleration and speed to LexisNexis Risk Solution and Verisk, firms that generated driver risk profiles for insurers... General Motors said Friday that it had stopped sharing details about how people drove its cars with two data brokers that created risk profiles for the insurance industry. The decision followed a New York Times report this month that G.M. had, for years, been sharing data about drivers’ mileage, braking, acceleration and speed with the insurance industry. The drivers were enrolled — some unknowingly, they said — in OnStar Smart Driver, a feature in G.M.’s internet-connected cars...

House GOP investigators in May launched a probe into the bank's voluntarily providing private consumer data to the FBI after reports made the move public. . House Judiciary Committee Chairman Jim Jordan on Thursday served Bank of America with a subpoena, seeking information related to the firm's voluntary sharing of customer data with the FBI to aid its Jan. 6 investigations. "In 2021, BoA provided the FBI—voluntarily and without any legal process—with a list of individuals who made transactions in the Washington, D.C., metropolitan area using a BoA credit or debit card between January 5 and January 7, 2021," the...

Bidding for the RadioShack brand and customer data has ended, but not before Apple weighed in on the proceedings, saying that information collected during the sale of its own products should be left out of the deal. A shuttered RadioShack store, via Ted Eytan. The hedge fund Standard General was the top bidder with $26.2 million for RadioShack's brand name and customer data. The same firm bought out Radio Shack's 1,700 store leases in March, as noted by Bloomberg. But as the bidding process was underway in a Delaware bankruptcy court, Apple joined the proceedings with a filing of its...

Despite new law, banks lose data on 2 million customers07/02/2005 The Asahi Shimbun Banks have lost information on more than 2 million customers in the three months since a law went into effect calling for stricter protection of personal data. The figure was compiled from reports of financial institutions submitted to the Financial Services Agency by Thursday. Many of the companies announced the results of their internal investigations. The agency will make a formal announcement of the results of the reports in the near future. The agency may also issue recommendations for revisions or orders to improve business operations at...