RadioShack Auctioned off Your Personal Information
If you haven’t heard, RadioShack is bankrupt, and thousands of stores across the U.S. have already been shutdown, selling everything inside for dirt cheap prices. Even the store furniture and shelving.
But what about the corporate assets not tied to a store? Like the personal information you gave the cashier when you were checking out? Your phone number, your email, your address, all of it.
In a recent bankruptcy auction RadioShack auctioned off this personal information, and the winner was Stanford General, who purchased the data at an unknown amount.
While the data has not been handed over just yet, RadioShack is facing some legal challenges in this, it doesn’t mean that it won’t be.
And when it does, because of the auction or an under-the-table deal, approximately 117 million people will be effect. We aren’t talking about credit card numbers being released, just your personal phone number, email, and address.
So, if you’ve ever purchased something from a RadioShack then you may want to be angry. As the company used to promise that the data was only, and ever would be, for their records. They’ve obviously lowered their ethical standards during this bankruptcy.[Source]