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Convenient that Equifax is doing "maintenance" on this page after Krebs posted his article...
> The service is designed to provide automated employment and income verification for prospective employers, and tens of thousands of companies report employee salary data to it. It sounds like companies can easily use this to collude against employee wages and benefits.
I didn't know this existed at all. I thought they just made phone calls to your previous employer and asked. Are we allowed to see what's in it? I mean normally, not just when there's a data breach (and it looks like they shut it all down right now). Because when you get asked this on an interview, what's the "right" answer? There's base pay, bonuses, 401k match, all kinds of stuff. So the "right" answer is up in the…
Its not only my salary month by month, but also all my bank accounts, all credit card account all with amount I owe, amounts and history I paid, everything! Full front-face info, straight from credit reporting bureaus! :|
It seems in China people use their cellphone to pay everything these days, credit/debit card are becoming old-fashion and meaningless there. Hope one day we can do it here. For mortgage and car loans you do not need credit card either. So we can just give up credit card totally. We do need a new way to build people's credit scores somehow though.
[1] https://www.nytimes.com/2017/09/29/us/puerto-rico-shortages-...
I didn't know this existed at all. I thought they just made phone calls to your previous employer and asked. Are we allowed to see what's in it? I mean normally, not just when there's a data breach (and it looks like they shut it all down right now). Because when you get asked this on an interview, what's the "right" answer? There's base pay, bonuses, 401k match, all kinds of stuff. So the "right" answer is up in the…
All we need now is a 23AndMe breach, and we'll be fast-tracked to the GATTACA timeline!
Is it legal for employers to provide salary data on particular employees without permission?
Earlier quoted context omitted.
Aren't their cell phones just linked to credit cards?
No. Credit cards are fairly uncommon in China. Most people link an ATM card and load a balance into their WeChat account.
So, just because credit cards aren't common in China, doesn't mean that there isn't some other equivalent tracking going on... (although, I don't know any specifics).
It's offensive that I have to go jump through hoops, set security questions and a secret pin just so I can secure my own salary information. Is it too much to dream that Equifax should be legally obligated to provide, at the bare minimum, a way to easily secure this sensitive information? If I were a hiring manager or in HR this would be a goldmine for verifying candidates' salaries and work histories, and gaining th…