Question

is data brokerage ethical? please explain one entire paragraph with deep understanding about the topic.

Answer 1

   The main role in the brokerage of data is played by the Data Broker. Data Broker can also be called as Information Broker or Information Reseller. It is one type of business that collects some personal information about the things or persons or consumers and sells that valuable information to the other organizations.

• The data brokers used to collect information about the websites, social media accounts, previous records.          
• Brokers usually create the profiles of some particular individuals for the advertising and marketing processes.       
• Data Brokers they themselves act as database marketers because they also sell the information about databases too.
• There is no legislation requires for the data broker to sell the information.

   In my point of view, most people feel uncomfortable to sell one's own information to the others. Because people usually maintain everything secretly about business, family, etc. But the selling of this information may not good for them. The broker or seller may get profit but the owner of the information gets loss from all the sides. But some people voluntarily comes forward and gives the information to the broker with a happy face.

   In my opinion, it is some what unethical. Selling of information is nothing but the stealing of information. We know that Selling of a small pen is not ethical then selling off much valuable information is much more not ethical. So the brokering of data is not ethical. Some take it as a business and earn the money but they don't know the value of information. They came to know the value of the information when the data of these brokers have stealth by another reseller. So the data brokering is completely unethical.