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RE: LeoThread 2024-09-21 06:33

in LeoFinance2 months ago

The report found that the companies collected and could indefinitely retain troves of data, including information from data brokers, and about both users and non-users of their platforms. The staff report further highlights that many companies engaged in broad data sharing that raises serious concerns regarding the adequacy of the companies’ data handling controls and oversight. In particular, the staff report noted that the companies’ data collection, minimization and retention practices were “woefully inadequate.” In addition, the staff report found that some companies did not delete all user data in response to user deletion requests.