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phmagic | 6 years ago
I'm confused by the lengths people have gone through to "protect" themselves from internet giants while freely giving away their info to credit card companies, traditional retailers, small businesses. Credit card transaction data have been sold for years without most of us knowing about it. Small startups, boutique stores rarely have the security or data governance resources to ensure your data is stored and used properly. Data breaches are common even at large brick-and-mortar retailers.
Given the state of data security outside of big tech, my best option is to trust only big tech.
madez|6 years ago
You are invalidly generalizing. I try to eliminate all contact I have with the tech giants, and I do not have a credit card, I am at a privacy respecting bank (GLS Gemeinschaftsbank), and I use cash.
Additionally, by sharing your data with a company, you give that company power over yourself and others by enabling them with the knowledge they have over you. Considering this, it is less problematic to give access to data to a small company compared to a tech giant.
airstrike|6 years ago
You do you, but I'm happy to get free airline tickets and other perks from using my credit card at the expense of....... having someone else know I bought a mechanical keyboard last month?
I respect your choice but I honestly do not understand why people go to such great lengths to hide mundane data. I'll tell you the color of my underwear for free, I don't care.
elliekelly|6 years ago
In practice, yes, most of us are clueless. In theory, if you've seen one of these[1] (and if you're an American, you most certainly have) then you "know about it." The Gramm-Leach-Bliley Act has a whole lot of room for improvement, but the single-page uniform privacy disclosure it brought to financial institutions is infinitely more consumer-friendly than 90 pages of 10pt grey legalese used by big tech.
[1] [PDF] https://www.ftc.gov/sites/default/files/attachments/press-re...
mediumdeviation|6 years ago
However, if you're worried about data mined from tracking your personal behavior, which is what the users here are worried about, then it makes sense to spread your data out. Traditional stores are not going to send each other your transaction history to build a profile of interest and personality, and each store won't have a complete enough history or even the expertise to mine it.
saltminer|6 years ago
"Traditional" as in "before the age of Amazon"? They do, through store rewards cards. Harris Teeter knows what I have bought and has figured out what I only buy on sale, Target can identify pregnant women with stunning accuracy, and I'd be surprised if other retailers didn't do similar stuff. You're probably thinking of independent/mom and pop shops.
ocdtrekkie|6 years ago
giggles_giggles|6 years ago
A mom and pop store I give my credit card to in town can't track me across the Internet and correlate my browsing activity to my purchases, for whatever nefarious purpose, for instance. They can't read my email and correlate it with my location data. And so on. That's the difference.
Worse, Google in particular is financially incentivized to track me and perform all that correlation for the purposes of advertising. A family owned business I visit downtown, not so much.
ska|6 years ago
Where are you meeting people who fit the description you give?
wutbrodo|6 years ago
colemickens|6 years ago
d1zzy|6 years ago
What is more likely to impact you negatively: Google building an internal profile based on your information and targeting ads based on it or your card information being stolen from insecure smaller vendors?
Obviously those 2 choices are picked arbitrarily but they may explain why the OP chose to prefer the former over the latter. I would think every time we decide to share some of our information we do so because we stand to gain something (otherwise why do it) and it's up to us to decide if what we stand to lose is worth it. As technically minded people we tend to be more focused on technical problems and what we consider more dangerous may be more related to our familiarity with the subject matter rather than the objective potential negative impact it has.
unknown|6 years ago
[deleted]
dredmorbius|6 years ago
southerntofu|6 years ago
No, we don't. We are just not given a choice by this bullshit capitalist society. Just like many people "freely live on the streets" or "freely get murdered by the police".