The Privacy Act Of 1974 And The Gramm-Billey Act

The Privacy Act of 1974 and the Gramm-Leach-Billey Act (1999) prohibits the disclosure of a record or sensitive data about an individual from a system of records absent the written consent of the individual. The lack of protection for my data will make me reconsider setting up an account with a stored credit card number because my information can be used or shared with various fraudulent companies without your consent. The advantage of storing your credit card number is faster online transactions. Storing your credit card number is only worth the risk of having your information stolen if it is with a company you trust will keep your card secured and in the event they can’t or don’t, they own up and pay its customers restitution. No because