Credit Card industries are regulated by law, the laws are weak as well though, and also rarely enforced, so card companies can really push boundaries in secretive ways with privacy invasion anyway.
In contrast to social media, where there is not any substantial regulation yet, it's the wild west with your information right now... They can sell your phone number, anything saved on your phone, everything you post, and even possibly run a keylogger from their mobile app on your device...
Mobile (installed) apps can collect precise location data on you once you install their app... Credit card companies can potentially track you and gather personal data as well if you install their (native) mobile app. As phones evolve, it will eventually become normal to be tracked and to not be able to opt out if regulation (laws) aren't made and enforced to protect individuals from privacy invasion.
This is why I use web sites instead of installing single-use apps, but also why certain companies want to end support for browser based sites, and why some services can only accessed via installed apps.
This is a good point. Even though they are ignored, there at least is something to use in litigation.
> and even possibly run a keylogger from their mobile app on your device...
Like the Emoji apps that were doing this years ago.
> instead of installing single-use apps,
I keep my app use extreeeemmely limited.
We need serious regulation on social media sites that collect this much personal information, meaning stuff people post that is intended for a very limited, controlled audience, and not wall posts that are public to everyone. (Like HN.)
I think the problem is what someone pointed out to me yesterday: tying DMs to a "real" identity. Purchases are already tied to who we are, and so are every form we sign that has significance. Phone companies know whos in our address books. Email is 100% insecure, always has been. The last thing to protect is the DMs.... which is probably too late.
In contrast to social media, where there is not any substantial regulation yet, it's the wild west with your information right now... They can sell your phone number, anything saved on your phone, everything you post, and even possibly run a keylogger from their mobile app on your device...
Mobile (installed) apps can collect precise location data on you once you install their app... Credit card companies can potentially track you and gather personal data as well if you install their (native) mobile app. As phones evolve, it will eventually become normal to be tracked and to not be able to opt out if regulation (laws) aren't made and enforced to protect individuals from privacy invasion.
This is why I use web sites instead of installing single-use apps, but also why certain companies want to end support for browser based sites, and why some services can only accessed via installed apps.