Production of consumer data with the Credit Bureau. At equifax hearings we wanted understanding of how Credit Bureaus are regulated and protect data whether there are gaps have long been concerned about the increasing amounts of big Data Collected by companies and by government. Is critical that personal data is collected Consumer Impact is minimized and it is not harmed. The Credit Bureaus play a valuable role to assess a consumers ability and to facilitate access as with most businesses requires the most data secure you that since the of Consumer Information is safeguarded . Two weeks ago they talked about the methods they use to protect their consumer database as encryption and took it is a sham. Richard smith noted while some of the database is ingrafted at rest but that portal that was compromised was the best ways to protect us is the Data Security industry standards and Credit Bureaus. End up with sensitive Consumer Information and what rules the federal agencies play with Data
Used against defendants, it is properly noticed, defendants happened so they can say i had a right to privacy and you violated it by getting this. Flip side, where the government doesnt have to use 702, ordinary powers like they dont have to. It was ase of flynn, if used secretly, that would be a massive problem, i tonight think hat happened with michael flynn. I dont know enough about flynn right now. Waiting with baited breath right now. Host lisa, line for republicans, go ahead. Caller hi, good morning. I agree with your concerns about unfair government spying of process. Ithout due i do dont think it is fair author hat trump has tearian tendencies on this topic, that remains to be seen, with it. Ill do but id like to know what the been doing. Have can you talk about that . They e ive heard that also use technology sometimes to of people,hone calls suspects, lets say, locally, can you talk about that, please . You. Guest thank you, lisa. So the first part about trump, authortarian o
Racing dynasty. A Senate Committee heard from the Credit Reporting industry and Consumer Protection groups. The hearing is just under two hours. This committee will come to order. As a followup to our hearing on a equifax data breach. At the hearing members expressed interest in better understanding how Credit Bureaus of regulated, how they protect consumer data and whether there are gaps that Congress Needs to fill. I have long been concerned about the ever increasing amounts of big Data Collected by companies and by the government. It is critical that personal data is products. Consumers ability to assess credit is not harmed. Credit bureau plays a valuable role by helping assess an ability to meet financial obligations and also facilita facilitating to Financial Products and services. The inherent nature as with most businesses in this digital age requires utmost data zurt to ensure that sensitive Consumer Information is safeguarded. Two weeks ago equifact testified about the method
Hello, everybody. Welcome to the American Enterprise institute, thank you for joining us today. We are going to dive right in to talk about the new book everybody lies. The subtitle for about 15 to 20 minutes after that, we will sit down and have a conversation at Columbia University at 5 30 then we will look at the book but hes produced and have the opportunity to defend himself and then we will take questions from the audience and follow the same procedure. Do you want to go first . Thanks for the introduction and for inviting me to this panel. The book everybody lies is about five years of research ive been doing. So i will describe what it is. For the last 80 years, if you want to know what people want, why people do the things they do and what people are going to do, you have basically one main approach. You ask them if you can talk to the survey said they will go out and ask people questions. And there is a problem in this approach which is people tend to lie to surveys to make t
538 and we will viciously attack seth and the book he has produced. Seth will get the opportunity to defend the supplemental will take questions from the audience and follow the same procedure. Seth, do you want to go first . Thanks dan for the introduction and for inviting me to this panel and this is a book , everybody lies about five years of research i have been doing. I will describe what it is and for the last 80 years if you want to know what people want, why people did the things they did, what people are going to do you have basically one main approach. You ask them. You conduct a randomized survey said gallup or peel or quinnipiac will go out and ask people questions and there is a main problem with this approach which is that people tend to lie and surveys to make themselves look good. If you ask people immediately before an election are you planning to vote the overwhelming majority of americans in the survey will say sure i want to vote in the election. They dont want to a