"Automakers' Data Sharing with Insurance Companies Driving Up Premiums"

1 min read
Source: WIRED
"Automakers' Data Sharing with Insurance Companies Driving Up Premiums"
Photo: WIRED
TL;DR Summary

Automakers are selling driver data to data brokers, who then create "risk" scores for individual drivers and sell them to insurance providers, leading to increased premiums for many drivers. Meanwhile, the operator of darknet cryptocurrency service Bitcoin Fog has been found guilty of money laundering and other charges, and two commercial safe makers have been criticized for installing secret backdoors in their products, leaving consumers vulnerable to criminals and spies.

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