By Madison Ruppert: According to a former attorney for the Securities and Exchange
Commission (SEC), despite the government’s claims that it will protect
your private data, it simply “cannot honor that promise.”
This is especially troubling given the growing presence of centralized systems in which massive amounts of private information is held, such as the Federal Services Data Hub authorized by the Affordable Care Act, better known as Obamacare..
The statement was made by Hester Peirce, who currently serves as a senior research fellow at the Mercatus Center at George Mason University, and previously served as senior counsel to Senator Richard Shelby’s staff on the Senate Committee on Banking, Housing, and Urban Affairs.
“The government can earnestly promise that it will protect your data, but—staffed as it is with humans, some of whom are diligent but careless and others of whom are ill-intentioned—it cannot honor that promise,” Peirce wrote for The Hill.
She made her remarks in response to the latest instance of a government agency mishandling private information, in this case it was SEC employee data leaked by a former SEC worker.
In her article, Peirce raises concerns about the Consumer Financial Protection Bureau’s data collection practices.
This is especially troubling given the growing presence of centralized systems in which massive amounts of private information is held, such as the Federal Services Data Hub authorized by the Affordable Care Act, better known as Obamacare..
The statement was made by Hester Peirce, who currently serves as a senior research fellow at the Mercatus Center at George Mason University, and previously served as senior counsel to Senator Richard Shelby’s staff on the Senate Committee on Banking, Housing, and Urban Affairs.
“The government can earnestly promise that it will protect your data, but—staffed as it is with humans, some of whom are diligent but careless and others of whom are ill-intentioned—it cannot honor that promise,” Peirce wrote for The Hill.
She made her remarks in response to the latest instance of a government agency mishandling private information, in this case it was SEC employee data leaked by a former SEC worker.
In her article, Peirce raises concerns about the Consumer Financial Protection Bureau’s data collection practices.