Many businesses are too quick to breach customer privacy

Many businesses are too quick to breach customer privacy
Businesses are often careless with customers' privacy. (Image: Getty)
Jenny Ruth
All too often, businesses fail to look after their very reason for existing, their customers.And it's a cause of wonderment that so many New Zealand businesses have proven themselves poor guardians of their customers' privacy.It only seems to take a demand from somebody in authority, be it the police, regulators or the official assignee, for most companies to hand over customer data without even the courtesy of informing the customers involved.And without even bothering to check whether the authority figure was even entitled to the info...

More Finance

Banking on the price of stability
Finance

Paul McBeth: Banking on the price of stability

Competition has a cost that some might not be willing to pay.

Paul McBeth 07 May 2024
Cautious lending keeps lid on default rates – Reserve Bank
Finance

Cautious lending keeps lid on default rates – Reserve Bank

Non-performing mortgages have overtaken Covid levels.

Jem Traylen 01 May 2024
'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024