Information brokers. (Regulatory Issues).(Internet research companies fined)(Brief Article)
Security Management, July, 2002 by Anderson, Teresa
The Federal Trade Commission (FTC) has announced that three Internet research companies have agreed to settle charges that they obtained private information about individuals under false pretenses--also known as pretexting. The companies advertised that they could obtain personal information such as bank account numbers, safe deposit locations, and stock information for a fee. The three companies were caught when an undercover FTC official set up a sting operation by asking the companies to get private information about her fiance.
Two of the companies, one based in New York and one in Texas, were fined $2,000 each. A Baltimore-based company was fined $15,000. The fines were based on the amount of money made by the companies from their pretexting activities....
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