Data breaches are in the news again. Hotel operator Marriott International announced on November 30 that personal data from 327 million guests of its Starwood Hotels and Resorts subsidiary had been compromised, including passport details, phone numbers, email addresses, and financial payment info.
This article was originally published on Medium.
We’ve all seen ads like these or similar all over the web —a limited time free offer for some miracle product — in this case, it's Avalure's ReNew Eye Serum/magical wrinkle remover cream:
Recently the Consumer Financial Protection Bureau issued a new rule restricting the use of arbitration clauses in contracts for all sorts of financial products such as credit cards, payday loans, auto loans and more. Why are arbitration clauses so important? They are typically used to prevent aggreived consumers from banding together in class action lawsuits by requiring them to deal with financial institutions 1:1 in form of an arbitrator.