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Re:Are you ready? This is all the data Facebook and Google h... by vatueil on Wednesday March 28, 2018 @12:29PM (#16699145)
> Google buys your credit card purchase data.

A more accurate explanation of the scare quote:

https://news.ycombinator.com/item?id=16698587

> IIRC, this was announced as part of a program that uses double-blinded crypto that allows google to perform matching against this data in aggregate (Set intersection knowledge), but not individually identity of what a given user purchased, at the same time preventing the merchants from learning the identities of individuals either.

> According to what they presented at a crypto conference, they went to great pains to avoid capturing personally identifiable transactions. The overall strategy is that Google Knows = Set A = (all ads shown for user X at Merchant Y) Merchant/Credit Card Proccessor Knows = Set B = (all $$$ paid by User X at Merchant Y), and that it is possible to cryptographically compute sum($$$ of A intersect B) without either side learning Set(User X).

> Now whether you believe in the security of the algorithm and whether there are side channel leaks or attacks is another issue.

> Edit: http://bristolcrypto.blogspot.com/2017/01/rwc-2017-secure-mp...

> About 10 minutes in https://www.youtube.com/watch?v=ee7oRsDnNNc

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