Creepy and shocking!!!
Giving Fintechs a bad name and opening the floodgates for Regulatory
This is such a rookie mistake that one wonders whether it was intentional.
@Alice Munyua <firstname.lastname@example.org> , do we know what has happened after the
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On Sun, Jun 30, 2019 at 3:24 AM Alice Munyua via kictanet <
> Venmo is a massively popular app for personal financial transactions – the
> problem is Venmo doesn’t think those transactions should be private.
> [image: Mozilla]
> [image: Venmo]
> ??? = ?
> What if all your guilty pleasures were on display for the whole world to
> see? If you use Venmo, a popular app that lets people send and collect
> money, there\’s a good chance they already are.
> *Venmo\’s settings are public by default, so millions of transactions are
> available for anyone on the web to find.*
> Everyone knowing who you shared pizza with last week might seem innocuous
> enough, but with millions of transactions publicly available there is a
> huge risk that this data could be used for nefarious purposes. Venmo has
> transformed the way Americans settle personal debts, and with as many as an
> estimated 10 million monthly users, how it handles privacy could be the
> standard for other financial apps.1
> Sign our petition to tell Venmo that financial transactions should be
> Last year, researcher and Mozilla Fellow Hang Do Thi Duc exposed the
> serious implications of Venmo\’s settings by uncovering how countless Venmo
> users\’ drug habits, junk food vices, personal finances, and fights with
> significant others are available for all to see.2
> Under pressure from the slew of news covering Do Thi Duc\’s work and a
> Mozilla campaign calling for the company to change its public by default
> setting, Venmo made a few small changes and restricted the rate at which
> information could be pulled from its public database of transactions
> (called an API).3 This change means that sensitive data about your
> transactions can still be extracted exactly the same way, it will just take
> a bit longer.4
> *This is not a fix. The privacy of Venmo users remains at risk. Last week,
> news surfaced that one researcher was able to collect data on 7 MILLION new
> transactions.*5 With this renewed focus again exposing Venmo\’s terrible
> privacy practices, we have the opportunity to push the company to finally
> fix the problem and make privacy its default setting.
> Will you join 25,000 privacy advocates who have already signed our
> petition telling Venmo to make financial transactions private? Click here
> to add your name
> Thank you for helping hold Venmo accountable,
> The Mozilla Team
> 1. Kaya Yurieff, \”A researcher studied a year of public Venmo
> transactions. Here\’s what she learned,
> CNN Money, July 17, 2018.
> 2. Olivia Solon, \”Venmo: how the payment app exposes our private lives,
> The Guardian, July 17, 2018.
> 3. Sarah Perez, \”Mozilla pushes PayPal to make Venmo transactions
> private by default,
> 4. Dell Cameron, \”Millions of Transactions Scraped in Latest
> Gizmodo, June 17, 2019.
> 5. Ibid.
> Connect with us
> [image: YouTube]
> <click.e.mozilla.org/?qs=244ce50b3a9d1bb24edfa364939e5a80d79abf4264a46336e528a625ad615f8300e675dfb5c0997c2eaf6377cf4eefc7b8bdaefb129d35b6> [image:
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