csmonitor.com - The Christian Science Monitor Online
 
Work & Money>Consumer
from the February 19, 2002 edition

Your good name, sold for a penny


Most of us don't hesitate to send our personal data swirling out into the ether. We put our faith in encryption and let those digits fly.
E-mail this story
Write a letter to the Editor
Printer-friendly version
Related stories:
02/19/02

Get all the Monitor's headlines by e-mail.
Subscribe for free.

Online transactions? Child's play. We're moving fast toward "presence awareness" technology that will allow networked devices (cellphones, PCs) to detect each other's location and "availability," even when they're turned off.

We embrace such advances as the latest high-tech conveniences. But critics say this could cost us what's left of our privacy.

Today's lead story explores the recent surge in reports of worst-case privacy invasion: identity theft.

One reason for the crime's rise: the sheer volume of private data that's exchanged electronically.

You don't have to have put it out there yourself. In the 1990s, cheap software helped companies create extensive customer databases.

"Every time you buy something, subscribe to something, go online and supply your name and address, you are placing yourself on a list," the president of a list brokerage in White Plains, N.Y., told writer Noel Paul, requesting anonymity.

Not all lists created by firms are sold. Those that are typically fall to list brokers, who sell consumers' names and data to interested firms.

More than 40,000 lists are cited in the definitive index of lists for sale in the United States. Created by Standard Rates and Data Services in Des Plaines, Ill., the two-volume book is updated every two months. A one-year subscription costs $600. List sizes vary widely. Prices are based on a per-name fee ranging from a penny to a quarter.

How to limit the degree to which your name is trafficked? Seek out firms that keep a lid on their lists, say experts - and with the others, exercise your right to "opt out."

• Reach us at work@csps.com




Get Monitor stories by e-mail:
(Your e-mail address will be protected by csmonitor.com's tough privacy policy.)
Tools and Guides
Finance questions?
E-mail Work & Money.
 
Ethical Market Monitor
The Domini Social Index 400 over the last 90 days.
Chart from Yahoo! Finance
Chart data by CSI
 
Salary Wizard ®

Find out what you're worth

Job title

Zip Code

salary.com


Photos Photos of the Day
The best photos from July 23, 2008.

ELECTION '08 Patchwork Nation
The American voter beyond red and blue

FISHERIES Empty Oceans Series
The sea is no longer so vast.


Daily podcast

Monitor Reports

Pat Murphy hosts today's podcast with Monitor reporters from around the world.


Today

Pat Murphy

In today's podcast, we focus on the Monitor series "Cuba: Winds of Change." Pat Murphy has a conversation with Monitor staff writer Matthew Clark.




Today's print issue
Today's Issue of The Christian Science Monitor