Nowadays companies have a lot of information about their consumers and it’s important that they protect it. But sometimes, they decide that they can use an extra buck by selling your confidential information to the highest bidder. 

Turns out that Verizon has been sending its customers a notice encrypted with legal-lingo and beneath it all is a notice that unless customers opt out, their info will be shared with ’affiliates, agents and parent companies’. The sellable goods include ’services purchased (including specific calls you make and receive), billing info, technical info and location info,’ in other words – anything they have on you.

Great news for the unsuspecting victims (err… customers), but it gets even better – e-bill subscribers won’t even get the notice unless they go to their messages and click on the link that says “Not Available”. Great.

Companies selling your info is nothing new, but you have to give credit to Verizon – they openly (well, through a confusing notice) admit to it. *applause*

Source: ReadWriteWeb.