Abuse of big data means your worst paranoia scenarios come true, including, among other things, the endless government surveillance, insurance agencies despotism and employers tyranny. Like it or not, the genie is out of the bottle \u2014 we\u2019ve already entered the era of digital spying.<\/p>\n
Insurance agencies are buying your credit card records. They want to know if you take meals in fast food chains, which magazines you are subscribed to and what prescription drugs you purchase.<\/p>\n
Your shopping behavior is brain candy for analysts who need the data to forecast if you are a reliable client with sober financial habits. Questionable clients who like to treat themselves with French fries are expected to receive higher life insurance rates, or even a denial<\/a>. So if you want to keep your \u2018refrigerator habits\u2019 private, think of paying in cash.<\/p>\n RT @WhatTheyKnow<\/a>: Life insurers test using online, offline marketing data to predict longevity http:\/\/on.wsj.com\/dul18v<\/p>\n \u2014 The Wall Street Journal (@WSJ) November 19, 2010<\/a><\/p><\/blockquote>\n\n