What Happens to Your Sensitive Data When a Data Broker Goes Bankrupt?

Photo caption: Sen. Ron Wyden. Photo credit: Drew Angerer / Getty Images. Article by Jon Keegan, The Markup – February 23, 2024.

In 2021, a company specializing in collecting and selling location data called Near bragged that it was “The World’s Largest Dataset of People’s Behavior in the Real-World,” with data representing “1.6B people across 44 countries.” Last year the company went public with a valuation of $1 billion (via a SPAC). Seven months later it filed for bankruptcy and has agreed to sell the company. […]

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