The Facebook Cambridge Analytica data scandal has garnered attention worldwide for helping to spotlight a very real problem with data privacy on the Internet. CPO Magazine will be providing ongoing coverage as we believe this to be a pivotal moment which will shape the future of how tech companies use consumer data.
What do you have to do to get a former NASA engineer, a toymaker, neuroscientist, Korean cosplayers, one-time principal solo artist with Cirque du Soleil, drone pilots, AI practitioner, VR/AR enthusiasts, blockchain experts, and robotics geeks in the same place, at the same time?
Despite Facebook pledging that it has figured out its problems, new revelations of data sharing with 60 different device makers has now come to light.
Many companies may now be afraid of data monetization because of concerns over potential privacy violations. There is also a growing concern over being legally compliant but still making customers unhappy or uncomfortable. Is differential privacy the answer?
Increased credit card usage has resulted in higher rates of credit card fraud, and financial institutions are bearing the brunt of the financial losses. Recently, fraudsters are committing synthetic identity fraud by cultivating identities and developing credit histories over time leading to the call for new solutions.
Subscribe our newsletter to stay updated.