To many, a CPO plays an important role with regulations like GDPR in play, hear it from Brock Wanless, Groupon’s global privacy and regulatory managing counsel, on how the company enforces privacy without one.
Data Privacy
Technological development has always outpaced privacy concerns, but never more so than in the past decade. Collection and centralization of personally identifiable information (PII), tracking of movements and digital surveillance are all at unprecedented levels. Regulations and laws are only just beginning to catch up to the ability of both governments and private entities to deploy these capabilities.
What exactly is there to worry about? The mass collection and centralization of data by giant multinationals such as Facebook and Google is as good of a place to start as any. Two decades of vacuuming up the personal data of users of various online services has created the most impressive marketing capabilities in history, but these profiles have astounding potential for damage when they are used the wrong way or fall into the wrong hands.
Unauthorized information that is captured in data breaches tends to find its way to massive “combo lists” that are sold and traded on the dark web. Social security numbers are added from this breach, home addresses and phone numbers from that one, personal health information from yet another. Soon, a frighteningly complete profile of millions of individuals is available to anyone willing to pay the asking price.
These are just the established data privacy issues. The emerging ones are even worse. High-quality facial recognition technology is just beginning to roll out across the public places of some countries. Artificial intelligence is not only making mass facial recognition possible, but magnifies the power and reach of any application that involves capturing and sorting information: scanning pictures, analyzing speech, sifting through text and location data. This threatens to not only shatter anonymity and privacy, but allow for highly advanced impersonation and take the concept of “identity theft” to new levels.
Some businesses chafe at the trouble and added expense of new and emerging data privacy regulations, but they are vital to both protecting rights and privacy and instilling confidence in end users. Customers want to be able to submit their payment information without worry about data breaches and identity theft, use services without wondering what is being done with their personal information and use devices without fear of surveillance or having location data tracked. The need for meaningful safeguards only grows greater as technological capabilities increase.
Recent survey on internet security and trust shows social media companies are the core problem to online trust which could affect future growth and development of the digital economy.
Facebook’s new market research Study app pays users to track app usage, is the tech giant learning from previous privacy mistakes or attracting further attention from legislators?
Microsoft’s recent deletion of its facial recognition database containing more than 10 million images of nearly 100,000 people could be their way to show need to regulate facial recognition technology.
IoT market pushed by 5G connection is expected to grow fast and occupy $6.285 billion by 2025, the next shift will be to move users towards edge computing with devices getting stronger and cheaper to produce.
Many are concerned about Facebook’s Libra cryptocurrency which allows the social media giant to not only know the details about its users’ social life but also their financial activities.
Many want the conveniences offered by technology through connected devices yet not compromising on privacy. One possible way to achieve it is to use a privacy-driven identity signal for interaction.
Ban of end-to-end encryption is back on table in U.S., however government agencies are having mixed feelings, fearing potential economic, security and diplomatic consequences.
Huawei claims that not only will they benchmark its Hongmeng OS against Apple iOS when it comes to data privacy and security, it will also be 60% faster than Android and MacOS.
FTC has just issued a record-setting $5 billion Facebook fine for privacy breaches from the Cambridge Analytica scandal. Is the U.S. government changing the way they regulate technology companies on user privacy and data?










