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by cosn 2445 days ago
> What protections are in place to protect customers financial transaction information and will that information be sold, lent, or shared with any outside parties?

[I work at Brex]

Data privacy is something we’re really passionate about. We’ve had strong stance internally since we launched the Brex card, and a few weeks ago we made that publicly available, in a very transparent way (https://brex.com/privacy). Tl;dr: we do not and will not sell any personal information.

You can read more about it here: https://brex.com/blog/privacy-policy-update/

2 comments

> Tl;dr: we do not and will not sell any personal information.

Ok, you won't sell it; but will you give it to third parties (even without payment) without the consent of the subject beyond the extent required by law?

(BTW, this was the weasel-language used by Facebook. They didn't sell information to Cambridge Analytica, but they conveyed it to them anyway, where it was misused.)

> Ok, you won't sell it; but will you give it to third parties (even without payment) without the consent of the subject beyond the extent required by law?

[I work at Brex, and I’m not a lawyer :)]

Yes, you’re right in that we work with a small number of 3rd party systems which go through a rigorous screening, much of it focused on how they store and secure data. These systems are either for internal monitoring (e.g., system logging), or for running the business (e.g., KYC).

[I also work at Brex]

One more thing worth mentioning about 3rd parties: our contracts explicitly do not allow them to use your personal information for their own purposes or for marketing.

What is your Infosec budget and how big is your Infosec team?
Thank you for the response!