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Thursday, March 10, 2011

Data Mining: How Companies Now Know Everything About You

Illustration by Joe Zeff Design for TIME

Three hours after I gave my name and e-mail address to Michael Fertik, the CEO of Reputation.com, he called me back and read my Social Security number to me. "We had it a couple of hours ago," he said. "I was just too busy to call."
In the past few months, I have been told many more-interesting facts about myself than my Social Security number. I've gathered a bit of the vast amount of data that's being collected both online and off by companies in stealth — taken from the websites I look at, the stuff I buy, my Facebook photos, my warranty cards, my customer-reward cards, the songs I listen to online, surveys I was guilted into filling out and magazines I subscribe to./.../


Read more: http://www.time.com/time/business/article/0,8599,2058114,00.html#ixzz1GCyiWTyu