In the Alphabet annual report for 2018, Google’s parent company provided additional guidance on how their privacy practices could impact the company’s overall business model, and hence, its ability to churn out billions of dollars of revenue each quarter.
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.
Increasingly a mission critical element, report notes that the return on investment (ROI) of mature digital privacy programs also continues to be high – particularly when privacy is aligned with security.
The first CCPA enforcement action has just been handed down, resulting in $1.2 million in penalties and a mandatory compliance program for Sephora’s privacy violation.
As the Philippines Data Privacy Act registration deadline draws near, to be or not to be a data protection officer (DPO) is on many company officer’s mind.
A Facebook blog post directed at its advertising partners reveals that the social media giant has been underreporting iOS ad performance by about 15% in the aggregate since the major privacy update was rolled out on Apple’s mobile operating system in late April.
Society is finally starting to wake up to the immense privacy implications of real-time facial recognition surveillance as seen in the latest developments in San Francisco, London and the White House.
The UK has followed the US in enacting a TikTok ban that applies to government devices, citing national security concerns. The ban is part of a broader review of potential social media app threats.
Under a month into the project, privacy concerns have already caused Worldcoin to be banned by some countries and targeted for regulation in others. The central issue is its collection of biometric data, as it promises "free money" in return for capturing iris scans.
Google's Privacy Sandbox has already attracted the attention of antitrust regulators in both the US and UK, with fears of it increasing the company's dominance in adtech. The price is climbing steeply due to delays, and smaller adtech outfits are struggling to keep up.
Increase in privacy regulations around the world has driven the role of CPO to grow in significance and evolve in complexity to keep organizations compliant with the new requirements.










