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> What protections are in place to protect customers financial transaction information and will that information be sold, lent, or shared with any outside parti
by cosn 7y ago
> What protections are in place to protect customers financial transaction information and will that information be sold, lent, or shared with any outside parties?
[I work at Brex]
Data privacy is something we’re really passionate about. We’ve had strong stance internally since we launched the Brex card, and a few weeks ago we made that publicly available, in a very transparent way (https://brex.com/privacy https://brex.com/privacy). Tl;dr: we do not and will not sell any personal information.
You can read more about it here: https://brex.com/blog/privacy-policy-update/ https://brex.com/blog/privacy-policy-update/
- otterley 7y ago> Tl;dr: we do not and will not sell any personal information. Ok, you won't sell it; but will you give it to third parties (even without payment) without the consent of the subject beyond the extent required by law? (BTW, this was the weasel-language used by Facebook. They didn't sell information to Cambridge Analytica, but they conveyed it to them anyway, where it was misused.)
- cosn 7y ago> Ok, you won't sell it; but will you give it to third parties (even without payment) without the consent of the subject beyond the extent required by law? [I work at Brex, and I’m not a lawyer :)] Yes, you’re right in that we work with a small number of 3rd party systems which go through a rigorous screening, much of it focused on how they store and secure data. These systems are either for internal monitoring (e.g., system logging), or for running the business (e.g., KYC).
- all_blue_chucks 7y agoWhat is your Infosec budget and how big is your Infosec team?
- justincarrao 7y ago[I also work at Brex] One more thing worth mentioning about 3rd parties: our contracts explicitly do not allow them to use your personal information for their own purposes or for marketing.
- JaimeThompson 7y agoThank you for the response!