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Hrmbee OP t1_j46p6dw wrote

>The company claims to have granular details on more than 2.5 billion people across 62 different countries. The chances that Acxiom knows a whole lot about you, reader, are good. > >In many respects, data brokering is a shadowy enterprise. The industry mostly operates in quiet business deals the public never hears about, especially smaller firms that engage with data on particularly sensitive subjects. Compared to other parts of the tech industry, data brokers face little scrutiny from regulators, and in large part they evade attention from the media. > >You almost never directly interact with a company like Acxiom, but its operation intersects with your life on a near constant basis through a byzantine pipeline of data exchanges. Acxiom is in the business of identity, helping other companies figure out who you are, what you’re like, and how you might be persuaded to spend money. Got a list of a list of 50,000 of your customers’ names? Acxiom can tell you more about them. Want to find the perfect audience for your next ad campaign—perhaps people who’ve gone through bankruptcy or Latino families that spend a lot on healthcare? Acxiom knows where to look. > >Though Engelgau’s business understands so much about so many people, most people know very little about Acxiom. Engelgau offered to sit down for an interview with Gizmodo to offer a look at one of the least understood corners of the digital economy.

This interview seems to serve as a decent introduction into the world of data brokers for those who are unfamiliar, though there also seems to be a dose of self-promotion and justification within as well. It's good that he talks about the standards they have for privacy and not doing harm with their data, but as a whole, the industry is far shadier than that. Regulation of data collection/analytics would be something that might help to bring some accountability to this sector.

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