5 ms·
If it's for one user then it's a breach of contract, if you do that for 10 million, that's a deliberate act of breaching all contracts and that is usually crimi
by sixtram 8y ago
If it's for one user then it's a breach of contract, if you do that for 10 million, that's a deliberate act of breaching all contracts and that is usually criminal.
scale matters on these issues as well.
and if you are doing it as a big utility company (e.g. banks) then you are free to go :)
- 8bitsrule 8y agoThe bank I've long used is constantly reminding me that it shares data with its 'affiliates'. So I give it very little data to share.
- thefucnjosh 8y agoThis sounds like an absurdity, hiding your information from your bank?
- coding123 8y agoFake address is a good start... Like a PO box you own. Banks are the worst offenders in sharing data with... Data brokers.
- chris_engel 8y agoWait, isnt that illegal? Afaik you need to use correct information in a contract.
- Spearchucker 8y agoIf the mail reaches me then AFAIU it's legal. A contract does not stipulate that I must spend nights at the address I provide. How, for example, would you otherwise deal with having two residences?
- tP5n 8y agoWhile you may have multiple residencies, legally you have one domicile. This is the location where you live and verification of you actually living there is required by most contracts and is enforceable in a court.
- pragone 8y agoUnless of course you don’t live anywhere because you move every 4 weeks. Turns out our society is really not designed for someone without a physical residence. It’s made for a frustrating year for me.
- mcv 8y agoGet a better bank. And better banking regulation. I'm pretty sure Dutch (and probably European) banks aren't allowed to share their customers' data around like that, and I'm horrified that there are banks that do this.
- Vinnl 8y agoWell, the largest Dutch payment provider did intend to sell payment data: https://nos.nl/artikel/510009-banken-verkopen-pingedrag-klanten.html https://nos.nl/artikel/510009-banken-verkopen-pingedrag-klan... (They've since retracted that plan after the plan was met with widespread disapproval. I don't think they've tried again since.)
- tbarbugli 8y agoPlease refrain from suggesting idiotic and potentially illegal actions.
- ptero 8y agoWhy not? That is, why does your bank need all that information about you? I give bank my money for safekeeping and the bank provides convenient access to it. Reliable access can be done with different methods using a different degree of anonymity. At least in the US, banks requiring all sorts of information do it not even as their own business choice -- they do it because government regulators insist that this data is collected because security, because terrorism, because money laundering, etc.
- tbarbugli 8y agoI hope that this does not include providing incorrect information. That would be very dumb and an easy way to lose control of your own money or worse!
- jwally 8y agoSo I work for a bank and constantly have to take compliance training... One of the courses is over disclosure of information to third parties. This info isn’t part of my personal bau, so I might have it wrong, but: There are two kinds of data sharing a bank does with affiliates, necessary for business (credit checks, appraisal companies, etc) that you cannot opt out of. Then there’s everything else which you can. It’s in legalese, but you can ask someone at your bank how to opt out of as much as possible. It doesn’t help much, but it’s something I guess(?)
- cbluth 8y agoI am still raging angry about Wells Fargo and Equifax.
- JBReefer 8y agoWells should have been shut down, and I say that as a libertarian. They should have been shut down for this alone: https://consumerist.com/5283290/affidavits-on-how-wells-fargo-gave--ghetto-loans-to-mud-people.html https://consumerist.com/5283290/affidavits-on-how-wells-farg...