Why information privacy is important in the information age Computer systems record and store a lot of information about us and our consumer activities. Our computer files can be shared between public and private organizations. For example, the IRS can access financial data about you from your bank.
Computer data can travel and change hands in just a few seconds.
Because of these factors, accurate data is paramount. Access to information in our society today offers many benefits to consumers, but also poses a potential threat to our privacy. Types of information generally available from public sources What they are. Private information available only to those with legitimate purposes What they are. Visa trademarks, logos, and service marks are registered marks of Visa International.