Why Would Data Broker Sites and Other Organizations Pay for Your Data?
Data broker sites buy and sell your personal information on a daily basis. But why do these data broker sites and other organizations pay for your data? Well, there are a few primary industries that use this data for profit. Here are some of the reasons they’re paying for and want your personal information. People Search Sites Buy and Sell Data Directly People search sites such as MyLife, Spokeo, and Whitepages provide personal information they have collected for free or a small fee. This often includes your name, phone number, addresses past and present, email, hobbies, occupation, property records, and more. These data broker sites can be used to research a person and often come up in Google searches. However, because of the extensive information provided, they can also be used for “doxing” (maliciously revealing identifying information publicly) or stalking, and the information could help someone attempt to commit identity theft. This is why many people choose to opt-out, a ...