Question: Why Personal Information Is Important?

Why do companies need personal information?

Companies collect your data in order to build up your profile, which can be used to push you targetted products and services.

This has become big business now as customers are willing to pay a lot of money for such data, which can help them target specific segments of the market..

What are some examples of personal information?

Examples of personal informationa person’s name, address, phone number or email address.a photograph of a person.a video recording of a person, whether CCTV or otherwise, for example, a recording of events in a classroom, at a train station, or at a family barbecue.a person’s salary, bank account or financial details.More items…

What is included in personal information?

Personal information includes a broad range of information, or an opinion, that could identify an individual. … For example, personal information may include: an individual’s name, signature, address, phone number or date of birth. sensitive information.

Can I not sell my personal information?

In a nutshell, the law requires businesses to post a clear and conspicuous link on their website that says “Do Not Sell My Personal Information” and then to enable consumers to opt-out of the sale of their data to third parties.

What are the four types of personal information?

The following are common types of personal information.Name. A person’s name.Identification. Government issued id numbers such as a passport number or vehicle license plate.Address. Physical address and digital addresses such as an IP address.Contact. … Biographical. … Technical. … Biological Identifiers. … Medical.More items…•

Do phone companies sell your information?

Some U.S. mobile phone companies seem to be selling customers’ personal information and real-time location to third parties. They say it is for security. … The discovery that mobile phone companies provide API access to personal information was made by software engineer Philip Neustrom.

Why is personal data important?

Whilst protecting personal data it is possible to ensure that persons’ rights and freedoms aren’t being violated. … If personal data is leaked, it can cause companies significant damage to their reputation and also bring along penalties, which is why it’s important to comply with the person data protection regulations.

What personal information should be kept private?

Names: Your full name, your maiden name, and your mother’s maiden name. Personal ID numbers: Your social security number, driver’s license number, passport number, patient ID number, taxpayer ID number, credit account number, or financial account number. Addresses: Your street address and email address.

How do I protect my personal information?

6 Ways to Protect Your Personal Information OnlineCreate strong passwords. When creating a password, think beyond words or numbers that a cybercriminal could easily figure out, like your birthday. … Don’t overshare on social media. … Use free Wi-Fi with caution. … Watch out for links and attachments. … Check to see if the site is secure.

What is not personal information?

Non-personally identifiable information (non-PII) is data that cannot be used on its own to trace, or identify a person. Examples of non-PII include, but are not limited to: Aggregated statistics on the use of product / service. Partially or fully masked IP addresses.

What do hackers do with personal information?

Stolen personal information is fuel for identity theft Many online services require users to fill in personal details such as full name, home address and credit card number. Criminals steal this data from online accounts to commit identity theft, such as using the victim’s credit card or taking loans in their name.

Why is giving out personal information dangerous?

You need to be careful with how much personal information you reveal online. Sharing your address, phone number, birthday and other personal information can mean you are at a greater risk of identity theft, stalking and harassment. This includes information you post on social media.

What happens when you give out personal information?

Identity Theft occurs when someone uses your personal information such as your name, Social Security number, credit card number or other identifying information, without your permission to commit fraud or other crimes. … Request that they place a fraud alert and a victim’s statement in your file.

What is special personal information?

Special personal information includes information concerning a child and personal information concerning the religious or philosophical beliefs, race or ethnic origin, trade union membership, political opinions, health, DNA, sexual life or criminal behaviour of a data subject.

Why is it important to protect your personal information?

Protect your identity and personal privacy from theft Having your identity stolen can compromise everyday activities and undermine your reputation, both privately and professionally. That’s why it’s extremely important to protect your personal privacy online.

How do companies get personal information?

Companies capture data in many ways from many sources. … “Customer data can be collected in three ways: by directly asking customers, by indirectly tracking customers, and by appending other sources of customer data to your own,” said Hanham.