The use of big data to discriminate against those who don’t have a “good credit score” in public—for example, an insurance company might charge someone a higher premium because they live in a crime-infested area, or in a region with a high percentage of loan defaulters or smokers.
Big data and social media companies, which collect data on people’s profiles and purchasing behaviors and credit-worthiness, are unethically selling these sensitive information to banks and insurance companies, which in turn apply data discrimination against potential clients.
by MathPlus September 5, 2018