Research On The Protection Of Internet Financial Consumers' Personal Information Rights

The advent of the era of "big data" has drastically promoted social progress and economic development.While bringing tremendous convenience to financial consumers,the deepening development of Internet finance is,however,leading to a series of risks.In addition,the risk of infringement of consumer's personal information is also increasing significantly.Web-based carriers have accelerated not only the provision of services but also the speed of transmission of privacy infringement,consequently expanding the scope of radiation of infringement of consumer personal information by operators and related third parties.As a result,the extent of privacy violations in the new electronic context is even more severe.By contrast,since China has not yet established a specialized Internet financial consumer rights protection system,the laws and regulations that protect consumers' personal information rights,especially those that consumers can directly invoke,are seriously absent.Compared with the protection for traditional financial consumers,China's current protection of Internet financial consumers' rights and interests in the areas of information rights,capital security,and information security has encountered many difficulties,especially in the protection of personal information of Internet financial consumers.Internet financial products,due to its specialty,in its current development,encounters problems such as inadequate risk indication,secondary use or illegal disclosure,inadequate rights protection channels,and difficulty in submitting evidence,leading to further difficulties for consumers to protect their legitimate interests through litigation or non-litigation.Internet finance consumers are the most important participants,and play a central role,in the Internet financial market.Encountered with new models and new issues,China's legal construction and regulation faces an important choice on how to balance the development of Internet finance and protect the legal rights of Internet finance consumers.Given the status quo,the aims of this dissertation are therefore twofold.First,this dissertation tries to clarify the concept and connotation of Internet financial consumers' personal information rights.Second,through drawing on the beneficial practices from developed countries in the development of P2 P online loan platforms and third party payment processes,this dissertation proposes a detailed plan in constructing an internet financial consumer supervision system,,enhancing the self-discipline ofInternet finance companies,and establishing a strategy to solve the dispute resolution mechanism of Internet financial consumers,in order to better protect the rights and interests of China's Internet finance consumers.