Will Your Facebook Friend List Stop You From Getting A Loan?
NEW YORK (CBSNewYork/AP) — How’s this for a status update? Your Facebook friends may affect your eligibility for a loan with certain companies.
Government agents in 74 countries demanded information on about 38,000 Facebook users in the first half of this year, with about half the orders coming from authorities in the United States, the company said Tuesday.
The social-networking giant is the latest technology company to release figures on how often governments seek information about its customers. Microsoft and Google have done the same.
As with the other companies, it’s hard to discern much from Facebook’s data, besides the fact that, as users around the globe flocked to the world’s largest social network, police and intelligence agencies followed.
Companies apparently have found that social connections can be a good indicator of whether or not a person is credit worthy. Still, some in the financial industry are skeptical of the claim that your “friends” may affect your chances for a loan.
These people point to the fact that traditional lenders rely on your credit score, not social data.
Facebook and Twitter have become organizing platforms for activists and, as such, have become targets for governments, both who buy facebook likes. During anti-government protests in Turkey in May and June, Turkish Prime Minister Recep Tayyip Erdogan called social media “the worst menace to society.”
At the time, Facebook denied it provided information about protest organizers to the Turkish government.
Data released Tuesday show authorities in Turkey submitted 96 requests covering 173 users. Facebook said it provided some information in about 45 of those cases, but there’s no information on what was turned over and why.
“We fight many of these requests, pushing back when we find legal deficiencies and narrowing the scope of overly broad or vague requests,” Colin Stretch, Facebook’s general counsel company said in a blog post. “When we are required to comply with a particular request, we frequently share only basic user information, such as name.”
Facebook spokeswoman Sarah Feinberg said the company stands by its assertions that it gave no information regarding the Turkey protests.
“The data included in the report related to Turkey is about child endangerment and emergency law enforcement requests,” she said.
Facebook and other technology companies have been criticized for helping the National Security Agency secretly collect data on customers. Federal law gives government the authority to demand data without specific warrants, and while companies can fight requests in secret court hearings, it’s an uphill battle.
Facebook turned over some data in response to about 60 percent of those requests.
It’s not clear from the Facebook data how many of the roughly 26,000 government requests on 38,000 users were for law-enforcement purposes and how many were for intelligence gathering.
Technology and government officials have said criminal investigations are far more common than national security matters as a justification for demanding information from companies.
The numbers are imprecise because the federal government forbids companies from revealing how many times they’ve been ordered to turn over information about their customers. Facebook released only a range of figures for the United States.
The company said it planned to start releasing these figures regularly.
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