In a move aimed at strengthening privacy and security, lawmakers are considering a ban that would prevent data brokers from selling Social Security numbers. This proposal targets a longstanding practice that critics argue has fueled identity theft and privacy violations.
Data brokers—companies that collect and sell personal information—have long included Social Security numbers in the datasets they provide to businesses, lenders, and other entities. Advocates for the ban say this practice leaves consumers vulnerable, as Social Security numbers are a key target for hackers and fraudsters.
Senator Ron Wyden, a leading advocate for the measure, stated, “Americans deserve to have their most sensitive information protected, not sold to the highest bidder.”
If enacted, the ban could dramatically reshape the data industry, forcing brokers to find alternative ways to offer verification services. While some businesses argue the change could complicate credit checks and fraud prevention, consumer advocates insist the trade-off is necessary to safeguard personal data.
This legislation follows a broader trend of increased scrutiny on data brokers, with growing calls for stricter regulations on how personal information is collected, used, and shared. Could this be a tipping point for privacy laws in the U.S.? Time will tell, but consumers stand to benefit from enhanced protections.