When I posted an article about NSA spying and overhearing about 540 Millions Conversations a month, at the back of my mind was the thought, if this were true, there should be people/companies making money out of this.
Yes, I found this out from Pando.-Link provided at the close of this post.
The people who over hear or steal our information, from land Lines, Cell phones, Internet, either by way of advertising solicitations, Tele-calling or simple phishing, they sell this information.
Even giants like Google and Facebook do sell, though they do not admit it in so many words.
Some companies who collect this information call themselves Data Brokers.
They sell this information.
The market? $150 billions.
In 2012, the data broker industry generated 150 billion in revenue that’s twice the size of the entire intelligence budget of the United States government—all generated by the effort to detail and sell information about our private lives.”
— Senator Jay Rockefeller IV
There is also an estimate that the market is $ 200 Billion.
There are 4000 companies which specialize in data broking or put it simply stealing your personal information, though it is illegal.
And for this amount what do they share?
They share your,
Financial History, bank records, bankruptcies,
Your health details including drug addiction, illnesses,medicines taken,if you have been raped, those details,
Read a Sample list at http://www.medbase200.com/updating.html
For instance, if lists of rape victims aren’t your thing, MEDbase can sell dossiers on people suffering from anorexia, substance abuse, AIDS and HIV, Alzheimer’s Disease, Asperger Disorder, Attention Deficit Hyperactivity Disorder, Bedwetting (Enuresis), Binge Eating Disorder, Depression, Fetal Alcohol Syndrome, Genital Herpes, Genital Warts, Gonorrhea, Homelessness, Infertility, Syphilis…
MEBbase isn’t the only company exploiting these loopholes. By the industry’s own estimates, there are something like 4,000 for-profit intel companies operating in the United States. Many of them sell information that would normally be restricted under federal law. They offer all sorts of targeted dossier collections on every population segments of our society, from the affluent to the extremely vulnerable:
- people with drug addictions
- detailed personal info on police officers and other government employees
- people with bad credit/bankruptcies
- minorities who’ve used payday loan services
- domestic violence shelter locations (normally these addresses would be shielded by law)
- elderly gamblers..
- Source: http://pando.com/2013/12/22/a-peek-into-surveillance-valley/