Comment How might this affect privacy concerns? (Score 2) 40
Of course it sounds good that the banks want to coordinate their security efforts. Probably one part of their analysis has to create profiles of common usage to be able to discern uncommon and possibly dangerous usage. These profiles will be much more detailed than their internal ones. Might they not use those profiles for other things like customer scoring, targeted advertising, etc., too? Or should I assume that they already share some data about their customers?