Privacy Invasion Becomes The New Norm Among Landlords And Employers

People applying for a new job are well aware of how companies conduct background checks before making their final decision. However, employers are now going through information provided by applicants’ social media accounts as well, albeit they do not necessarily want to access those accounts. That may be about to change, though.

Tenant Assured Is Invading Privacy

What makes Tenant Assured an intriguing and worrisome company is how they can access social media accounts belonging to applicants. To be more precise, the company will ask users to be granted access, rather than use any illegal means to do so. In a way, this makes the company a privacy invader, even though they dos o with consent from the account owner.

The service can work with Facebook, Twitter, Instagram, and LinkedIn profiles, from which data is scraped over time. Given the fact a lot of people do not maintain a professional nature on most of these networks, the algorithm could uncover some negative information. The information called ranges from life events to connections, and interests to previous employment. A score is then issued based on the information it receives.

Albeit this solution is only available to landlords right now, but the overarching company – Score Assured – will launch a version for employers shortly. Some people will feel this is an invasion of privacy, but co-founder Steven Thornhill waves those concerns away. He feels that people living an ordinary life have nothing to worry about.

Related Post

But what is of real concern is how the company does not necessarily disclose the exact information it collects, or how the score is calculated based on these details. While it is true that most people have nothing to hide on social media, that does not mean enterprises should access those details freely.

What is even more disconcerting is how Tenant Assured does not let tenants see their own reports or make corrections. Even though technology enthusiasts would argue algorithms are nearly impeccable, there is always an error margin which could make the difference between “yes” and “no.” We can only hope these types of background checks do not become the norm, but it looks like this will be inevitable.

Source: Sophos

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

TRON Leads All Blockchains in November Fees as Perpetuals Trading Surges 271%

TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…

24 hours ago

Prediction Markets Hit New All-Time Highs as November Volume Surges to $14.3B

Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…

24 hours ago

Trust Wallet Launches Native Predictions: A New Era for On-Chain Betting

Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…

2 days ago

Kraken Acquires Backed to Supercharge Tokenized Equities as xStocks Enters Its Next Phase

Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…

2 days ago

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live, Sparking Massive Buyer Rush

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…

3 days ago

Europe Takes Down Cryptomixer: A $1.4B Bitcoin Laundering Machine Falls After Eight Years

Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…

3 days ago