3 ms·
I find it hard to believe that there are no third party providers that can do such spot checks by selecting a random sample from the data under an NDA.
by noisy_boy 2y ago
I find it hard to believe that there are no third party providers that can do such spot checks by selecting a random sample from the data under an NDA.
- irjustin 2y agoNot one where you can guarantee the actual person. Having SS number doesn't get you contact details and thusly at the mercy of the one who wants to fraud you
- phonon 2y agoThey did have a third party "verify" the data, Acxiom. https://fortune.com/2023/04/11/synthetic-data-millennial-founder-charlie-javice-frank-jpmorgan-fake-customers-fraud-trial/ https://fortune.com/2023/04/11/synthetic-data-millennial-fou...
- noisy_boy 2y agoThanks for the link: > At JPMorgan’s insistence, Javice said, she completed the task “over a couple of days and nights.” The professor uploaded Frank’s “customer list”—which now contained the synthetic data—to Acxiom on the morning of Aug. 5, the bank said. Acxiom analyzed the data and provided its report to JPMorgan later that evening. Acxiom destroyed the underlying data as its contract required, Javice said. Three days later, on Aug. 8, JPMorgan agreed to buy Frank for $175 million. Acxiom declined comment. Analyzed the data and gave report the same evening? What the hell? How on earth Acxiom is not on the hook? Is incompetence a defence? And how can they avoid going bankrupt if they choose that defence because nobody will give any work to a company that admits it? I'm now more intrigued about the Acxiom side of story.