information broker

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information broker

(1) A company that collects and sells personal information about individuals. Credit bureaus are prime examples, although other organizations specialize in this service. Also called a "data broker."

(2) An individual who searches for information for clients. Information brokers use various resources including the Internet, online services that specialize in databases, public libraries and books. They also make plain old-fashioned telephone calls. The word "broker" is a misnomer. Information retrieval consultant would be more accurate. Sue Rugge and Alfred Glossbrenner wrote an excellent book on the subject, "The Information Broker's Handbook." See Web search engines and online service.
References in periodicals archive ?
Janine Guillot, SASB's Director of Capital Markets Policy & Outreach, will liaise with investors, analysts, exchanges, ratings agencies, information brokers, and investor associations to understand their information needs and support market adoption of standardized sustainability disclosures
It s still like engineering because it s trying to see what types of claims there might be, what types of exposures there might be, who might be a candidate for environmental insurance, what type of information brokers might need like putting together pieces of the puzzle into a place that s easily accessible.
No third-party information brokers will have access, and that means consumers can rest assured their information won't wind up in the hands of telemarketers or other people who should not have it.
Federal Trade Commission ordered nine of the latgest information brokers to turn over details how they collect and maintain private data.
Bridging spanners and/or information brokers either integrate-coordinate or disrupt-impede workflow collaboration.
A noteworthy feature of the book is a substantial annotated list of nonprofit and government resources, check-verification and check-guarantee firms, information brokers, credit card companies, credit reporting bureaus, and legal resources.
Traders quoted by the two heavyweight financial information brokers, said investors were spooked by the spread in bond rates in Italy and Spain as well as by the threat of the downgrade of US sovereign debt.
Some provisions reflect a state's need to respond to local incidents, as when a crime occurs and the state passes laws to prevent future attacks, such as by requiring background screening of certain groups of people; others reflect a state's desire to act in the absence of direction from the federal level, such as has occurred with identity theft and regulating information brokers.
It's important for consumers to know that information brokers have the fight to trade your information with affiliates, and you can't opt out," says Jerry Flanagan, a consumer advocate for the Foundation for Taxpayer and Consumer Rights.
Widely reported episodes of data breaches, such as those by Bank of America and Lexis-Nexis, serve as lessons to information brokers that the highest level of security is required to ensure that personally identifiable information is not compromised.
What is always going to be of paramount concern is the security of the databases behind these systems--especially given the recent breaches of ChoicePoint and LexisNexis, two of the largest data information brokers.
Two weeks later, ChoicePoint, one of the six largest information brokers in the United States, signed a $67 million contract (another $11 million would be attached later) to provide Ashcroft with the personal records of hundreds of millions of Latin Americans, all presumably potential terrorist suspects.

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