No matter what future laws and regulations are imposed on Facebook, there will never be a law against storing customer data for in-company purposes. Facebook got in hot water for allowing tactics that manipulated elections. The 2056 presidential campaign could be entirely run online where Facebook likes replace votes.
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.
Classic anonymization is difficult to achieve and often does not provide good results. Comparatively, modern technologies like Diffix offer the best of both worlds, giving you data treasure and data protection.
Today, crime data is heavily used in security and police work to cut down on criminal activity instead of simply reacting to crime. Uniform Crime Reporting (UCR) technology is getting better and using data correctly can help police forces get better.
Apple's new iOS 14 privacy labels will address data collection by displaying "data used to track you" and "data linked to you" for each app that is installed on a device.
Newly published paper on twelve organizational accountability principles to help private and public organizations balance necessary data use with privacy concerns.
There are clear benefits for taking extra steps to demonstrate your company's commitment to data privacy by using measures like data privacy scores, external audits and reviews, and empowering consumers to make their own choices for their own data.
Changes in the risk and compliance arena are accelerating in the recent years. With these developments it is urgently needed to redefine the place of privacy and the privacy team in this evolving landscape just the same as establishing links with overlapping, adjacent and related areas of risk and compliance.
Data privacy isn’t optional anymore, and if companies treat customers’ privacy lightly, they’re going to lose them. Instead, by prioritizing security, organizations can build brand trust and improve relationships with valued consumers, a business proposition that’s good for everyone.
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.
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.










