Sharing information

Stores and organizations ask for a lot of information these days. They want your mailing address, email address, phone number, credit card information etc. Some want your date of birth, social security number and more.

While I might question why they need some of this information, the real question is, should we trust them with this information?

When you consider how many big companies have been hacked recently should we trust them to keep this information secure? If they get hacked and your credit card information is stolen, there are solutions (bank reissues a new card, insurance etc) but what about your social security number, date of birth and home address? With that information a person might be able to impersonate you in applying for credit cards, bank loans etc.

Just because a company asks for certain information doesn’t mean we need to provide them with the information. Choosing to not provide this information might preclude us from doing business with them but sometimes that is the best decision.

Be careful who you provide your information to. It’s not just about whether we believe the organization we provide our information to is honest but also how secure are they storing this information?

Just something to think about.

Have a great day!

Lawrence

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