Comments on: Delicate Privacy At The Banks http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/ Iceland Financial Crisis Wed, 07 Sep 2011 07:45:55 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Sebastian http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/comment-page-1/#comment-2788 Sebastian Wed, 02 Dec 2009 21:45:59 +0000 http://www.economicdisasterarea.com/?p=3465#comment-2788 One question, maybe banking system is monitoring any log in into account from service computers, so you can easily track bank workers checking balance on your account. To hide shopping preferences maybe the best choice is to use banknotes in order have more privacy... real big brother One question, maybe banking system is monitoring any log in into account from service computers, so you can easily track bank workers checking balance on your account. To hide shopping preferences maybe the best choice is to use banknotes in order have more privacy… real big brother

]]> By: Blubber http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/comment-page-1/#comment-2771 Blubber Sat, 28 Nov 2009 12:38:20 +0000 http://www.economicdisasterarea.com/?p=3465#comment-2771 And this is why some of us, who don't have the nerves of steel like people who have public blogs (Dadi et al), comment anonymously. And this is why some of us, who don’t have the nerves of steel like people who have public blogs (Dadi et al), comment anonymously.

]]> By: icelandbob http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/comment-page-1/#comment-2770 icelandbob Sat, 28 Nov 2009 12:09:19 +0000 http://www.economicdisasterarea.com/?p=3465#comment-2770 That will explain why i went to a branch of a well known computer store when buying a mouse & USB. He asked for my Kennitala and then spouted off a sh1tload of data about me, where i lived, what i bought etc that i never expected a cashier to have! when asked how he knew all this he simply stated "oh it´s all on your Kennitala" Cue a slight shudder and small loosening of bowels... That will explain why i went to a branch of a well known computer store when buying a mouse & USB. He asked for my Kennitala and then spouted off a sh1tload of data about me, where i lived, what i bought etc that i never expected a cashier to have!
when asked how he knew all this he simply stated “oh it´s all on your Kennitala” Cue a slight shudder and small loosening of bowels…

]]> By: Dadi http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/comment-page-1/#comment-2769 Dadi Fri, 27 Nov 2009 20:49:13 +0000 http://www.economicdisasterarea.com/?p=3465#comment-2769 Data security is quite lax, the kennitala (social security #) contains your date of birth and is used for everything from purchasing pharmaceuticals to rent a DVD to appointments at doctors and banking. CRM systems at most companies use the kennitala to track the customer's behavior. The scary part though is the sharing that banks and financial institutions do through CreditInfo Iceland which is a private company where companies can share customer info, if the customer is delinquent or late in payments. This can affect their status all over the system. This is beneficial for a bank who can quickly find out if the person seeking a loan has a bad credit score. But a dispute over a bill or payments can easily land individuals on the blacklist and severely impact their negotiating position as they'd rather agree to what the company offers than to negotiate fairly but end up on the list. Data security is quite lax, the kennitala (social security #) contains your date of birth and is used for everything from purchasing pharmaceuticals to rent a DVD to appointments at doctors and banking. CRM systems at most companies use the kennitala to track the customer’s behavior.

The scary part though is the sharing that banks and financial institutions do through CreditInfo Iceland which is a private company where companies can share customer info, if the customer is delinquent or late in payments. This can affect their status all over the system. This is beneficial for a bank who can quickly find out if the person seeking a loan has a bad credit score. But a dispute over a bill or payments can easily land individuals on the blacklist and severely impact their negotiating position as they’d rather agree to what the company offers than to negotiate fairly but end up on the list.

]]> By: icelandbob http://www.economicdisasterarea.com/index.php/features/delicate-privacy-at-the-banks/comment-page-1/#comment-2768 icelandbob Fri, 27 Nov 2009 17:22:18 +0000 http://www.economicdisasterarea.com/?p=3465#comment-2768 Just to check... Is there ANY form of data protection legislation in Iceland, or is it basically that all our details are available to anyone who fancies seeing? Just to check…

Is there ANY form of data protection legislation in Iceland, or is it basically that all our details are available to anyone who fancies seeing?

]]>