Study Looks at Online Privacy
If you decide to apply for a mortgage online, one thing you may be concerned about is privacy. You will, after all, be submitting a bevy of personal information through the Web.
The Center for Democracy and Technology (https://www.cdt.com) believes your fears are well-founded. A recent survey by the privacy advocacy group suggests Web sites aren’t doing enough to protect your data.
Based on previous studies, the CDT reports that less than 10% of Web sites are abiding by guidelines set by the Federal Trade Commission that call for disclosure of privacy policies to consumers. In other words, these sites don’t tell you how they use your information.
About 87% of Web users are concerned about threats to their personal privacy while online, the CDT said, while 73% of users are not comfortable with giving their credit card numbers over the Web.
