Statement From A.G. Schneiderman On Sale Of Private Customer Data By Radio Shack
Reports Suggest Company May Auction Private Customer Data As Part Of Bankruptcy Sale
NEW YORK – Attorney General Eric T. Schneiderman today released the following statement in response to reports that Radio Shack may sell private customer data as part of its bankruptcy sale. The company’s privacy policy says that the company will not sell or rent personal information.
“When a company collects private customer data on the condition that it will not be resold, it is the company’s responsibility to uphold their end of the bargain,” said Attorney General Schneiderman. “My office will continue to monitor Radio Shack’s bankruptcy sale and whether it includes auctioning off private customer data. We are committed to taking appropriate action to protect New York consumers.”
As Radio Shack faces a bankruptcy sale, reports suggest the company may attempt to sell customer data. The company’s privacy policy currently states that:
“We will not sell or rent your personally identifiable information to anyone at any time.
We will not use any personal information beyond what is necessary to assist us in delivering to you the services you have requested.
We may send personally identifiable information about you to other organizations when: We have your consent to share the information (you will be provided the opportunity to opt-out if you desire).” – RadioShack Privacy Policy, 3/25/2015
