We pay dearly for others mistakes

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There was a very interesting case study on BBC Radio 4 Inside Money programme last week detailing the financial and reputational damage inflicted on Robert Scott on the Isle of Wight in the UK as a result of eroneous information held by credit rating agencies.
I was also reading Identity Theft Concern by Jack Dunning who is ‘Poacher turned Gamekeeper’ in the  personal identity space and always has an interesting perspective on these issues.
The crux of the problem here is ‘nowhere to go’. There needs to be a viable alternative to an individual being at the mercy of organisations who, today, have no interest at all in the problems caused to individuals as they are funded by the finance industry who are only looking to minimise risk.
This is a classic case in which shifting the emphasis from enterprise to individual would be to the advantage of all.

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One Response to We pay dearly for others mistakes

  1. Jack E. Dunning August 12, 2006 at 6:49 pm #

    Hi Graham…
    It’s been a while since we talked but I follow your activity regularly. I am still convinced you have the answer to the identity crisis problem in the technology you have developed at PAOGA. I’m in touch with your UK ICO office and they have been very helpful with my understanding of the DPA.
    Thanks for the link. This is an unbelievable situation with Experian, and it just keeps getting worse. After 25 years as a PAID member of Credit Expert, they suddenly cut off my access…right after posts to my blog criticizing data brokers like Experian.
    I’ll be exploring this in a post next week, as well as filing a dispute, and complaint with the FTC.
    Hope you’re well!
    Jack E. Dunning
    The Dunning Letter

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