The technology sector is facing new regulations and increased calls for further regulation, in particular with respect to data privacy and security. Emerging tech companies that plan to succeed should pay attention and be prepared for more questions about privacy and security from investors, strategic partners, consumers and, possibly, regulators.
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.
As more states pass not just comprehensive privacy laws, but narrow legislation that focuses on children’s privacy, data brokers, and hopefully, the emerging trend of privacy-for-profit, the pressure to find solutions that support compliance, while saving resources in an unsettled market, is only going to grow.
A new poll from The Associated Press-NORC finds that Americans have a very pessimistic overall view of online security and privacy, believing that things like location data and even private text messages are likely to be exposed.
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.
Contract for the Web wants to create a better internet at a time when huge corporations are failing to respect privacy, governments can no longer be counted on to provide affordable and accessible Internet, and citizens are no longer interested promoting civil discourse.
Privacy risks inherent in the use of biometric identification are extreme. In the event of a data breach, you cannot reissue an iris or a fingerprint. As technologies become more advanced and surveillance on city streets the norm who will draw the line at just what level of invasive monitoring is permissible?
Uber refused to share their mobility data with Los Angeles Department of Transportation as they think the agency plans to monetize it and control the movement of vehicles on LA streets.
An alarming number of pre-installed Android apps are not included in Google Play which open the smartphone and tablet users to data exploitation by their device manufacturer.
With the growing interest from consumers, tech companies, media, and politicians, there may finally be enough momentum to pass a national data privacy law. What are the benefits and challenges?
Amid concerns that tech companies will share potentially incriminating user data with states that have outlawed abortions after the Roe v. Wade decision, a coalition of Democratic lawmakers and privacy advocates is renewing calls for enhanced regulation.










