United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2006-06-26 monographic deposited born digital 76 p. GA 1.13:GAO-06-674 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-674 P0b002ee1803921a0 f:d06674 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-06-674 machine generated eng fdlp REPORT GAOREPORTS-GAO-06-674 GAO-06-674 Financial institutions Information access Information security Law enforcement Privacy law Privacy policies Right of privacy Information resellers Personal information Other Written Product A55942

The growth of information resellers--companies that collect and resell publicly available and private information on individuals--has raised privacy and security concerns about this industry. These companies collectively maintain large amounts of detailed personal information on nearly all American consumers, and some have experienced security breaches in recent years. GAO was asked to examine (1) financial institutions' use of resellers; (2) federal privacy and security laws applicable to resellers; (3) federal regulators' oversight of resellers; and (4) regulators' oversight of financial institution compliance with privacy and data security laws. To address these objectives, GAO analyzed documents and interviewed representatives from 10 information resellers, 14 financial institutions, 11 regulators, industry and consumer groups, and others. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-674/html/GAOREPORTS-GAO-06-674.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-674/pdf/GAOREPORTS-GAO-06-674.pdf GAO-06-674 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-674 Other Written Product GAO-06-674; Personal Information: Key Federal Privacy Laws Do Not Require Information Resellers to Safeguard All Sensitive Data; Financial institutions Information access Information security Law enforcement Privacy law Privacy policies Right of privacy Information resellers Personal information Title 12 Section 1681b(g) 12 U.S.C. 1681b(g) Volume 38 Page 717 38 Stat. 717 Volume 84 Page 1128 84 Stat. 1128 Volume 88 Page 1896 88 Stat. 1896 Volume 108 Page 2099 108 Stat. 2099 Volume 110 Page 1936 110 Stat. 1936 Volume 112 Page 32 112 Stat. 32 Volume 113 Page 1338 113 Stat. 1338 Volume 115 Page 272 115 Stat. 272 Volume 117 Page 1952 117 Stat. 1952 Public Law 90-321 Public Law 91-508 Public Law 93-579 Public Law 104-191 Public Law 105-164 Public Law 106-102 Public Law 107-56