Research On Legal Issues Of Personal Financial Information Protection Of Bank Consumers

With dramatically development of information technology,information became a essential resources of all industries.Bank industry has been developed in last decade.Customers’ personal financial information equals giant economy profit today.Therefore,the problem of costumers’ information leakage and the terrible finical information protection became a more serious problem.Sometime this problem attribute to bank staffs,sometime technical security bug became the main issue.Debt collection agencies abuses bank customers’ information.The reputation of bank has been damaged,while the emotional feeling of customers has been harmed as well.Banks are not longer trusted.And customers face to a great threat of economy loss.Consequently,how to protect bank customer personal information efficiently and legally is a very important task to be discussed.The main briefs of assignment are showed below in five aspects.Initially,This aspect intend to analyses the relationship between bank customers and personal financial information,and to identify the different definition between customer,financial customer,bank customer,personal information,personal financial information.Secondly,This part mainly introduces the main legislative and practical problems of the protection of personal financial information rights of bank consumers.Through analysis and summary,there are legislative shortcomings,and introduces the following three problems: one is the disclosure of information by banks and bank staff;Second,the security loopholes of the bank’s business premises and technical systems lead to the disclosure of consumer financial information;Third,collection agencies abuse the personal information of bank consumers.Through the typed analysis,this paper summarizes the crux of the repeated infringement of personal financial information of bank consumers.In the third part of this paper,some useful experiences are introduced from European union,UK,USA and Japen.Especially focus on how to protect information.This chapter will establish the theory of the last chapter.In the last chapter,the suggestion of how to protect financial information and how to legalize are being fulfilled.According to the forward chapters analysis,this chapter will give the conclusion to banks,legalization administration,monitoring organizations and debt collection agencies.Through these four parts investigation,the efficiency way to protect personal financial information leakage will be found practically.And people will know the importance to protect the rights of bank costumers.Therefore,base on the legalization of both domestic and overseas to balance bank customers and debt collection agencies.Give some good advices to protect personal financial information protection.