Borepatch notes that even Law Enforcement Surveillance software is vulnerable to being compromised.
But worry not, the Feds, namely the The Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB), are rolling out what is quite arguably, at least by Republicans as the Democrats don't seem to care, unauthorized expansion of their authority to create a mortgage database that will potentially contain all borrowers' personal identifying information including social security numbers, race, address, mortgage payment history, all credit lines including student loans and credit cards, employment status, education and religion.
It would cover these details on every home purchased with a mortgage since 1998. It may have full data and persoanl identifying information to match against other datasets or just samples with the personal infor removed for further data analysis.
Categories of individuals covered by the system is blithely described in the regulation notice is "Individuals who have records in one or more credit bureaus or consumer reporting agencies."
In the modern USA, that's just about everybody.
A one-stop identity theft database, where you can bet security may get as much as an afterthought or not even a thought at all.
It is not quite fully explained as to why the the FHFA and CFPB want this expansion and what they will do with it, and the effect on consumer privacy that it will have on Americans for these government agencies to have this data at their fingertips is not discussed. On top of that, the potential for far too much havoc if the database is compromised certainly makes it worth worrying about, and for this expansion to be stopped until both its unintended and intended consequences are fully understood.
The Hill: Federal mortgage database draws privacy concerns from GOP
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