The advent of e-commerce and online retail has brought a whole host of new businesses into the home. Not only can you find a wider variety of products at a fraction of the cost, but you can sell online at a much lower price point too. What’s not to like? However, these same new business models also bring with them new issues of privacy and security.
The thing is, e-commerce companies have a problem when it comes to their data. It’s not that they just store all of their customers’ personal information. It’s that they store all of their customers’ information, plus all of the customers’ personal information, plus all of the customers’ personal information, and then sell that information. We’ve seen this happen with credit card companies, bank account companies, and even your credit score.
To understand why, imagine a bank. Imagine that bank has an ATM machine and you need to pay a fee for using it. Imagine that bank is a government. Imagine that bank is a company that makes money by selling your information to third parties.
There’s a little known law called the Gramm-Leach-Bliley Act which makes it illegal for banks to sell your personal information to the government. Even if there’s no direct government involvement, the act makes it a felony for banks to sell your personal information to the government and any law enforcement agency. This is called the “Know Your Customer” Act, and it’s one of the reasons that the industry is so concerned about protecting your information.
You may think that is a good thing, but that’s not the case. The problem is that many websites aren’t always getting enough traffic from a particular website to make them feel like they need to know more about what you’re doing.
Just because the website knows youre doing something wrong doesn’t mean it has to give you your complete information. If you want to know everything you can about a company, including what they use your financial data for, you should always contact them to ask. But it would be much better if you just let your bank know youre suspicious, so they can tell you who to contact to get more information on the matter.
You may be right, but if you have a website you are afraid to get in touch with because they are so secretive, it’s much more likely they will be secretive. It’s best to contact them directly if you have an important issue that you want to know more about.
In a lot of ways, its best to just let them know you are suspicious. But in some cases, its best not to. If you know that you are the type of person who will go to a website and look at the terms and conditions, and then have to read it yourself because it is so difficult to find it, then you should put a notice on your website letting people know you are looking for information.
The Terms of Use on the website let you know that the website is not responsible for the information you read. In other words, you have to read the terms and conditions, then contact the company.
This is one of the many reasons that companies like Google tend to be great resources for finding the most up-to-date information. It doesn’t take a rocket scientist to scan the website and find out what information is available. You might even find yourself wanting to take the time to read it yourself, but you are going to have to do it, you have to go on the website.