New Business Paradigm for Data Empowers Stakeholders
“Digitalization is yielding vast quantities of data, which offer opportunities for business, human well-being and the environment, if used effectively. New business models and technologies are allowing organizations to use data to generate top-line value while preserving individual agency and privacy.”
New Study: Data Privacy Impact on IT Security Outcomes
“Many companies are lagging behind current data privacy requirements. By prioritizing best-in-class privacy practices, companies can reduce the risk of security incidents and demonstrate their trustworthiness to customers.”
via Osano
AI Automation Tools Enable Data Privacy Compliance
“Over 40 percent of privacy compliance technology will rely on artificial intelligence (AI) solutions by 2023 — that’s up from 5 percent today, according to the latest worldwide market study by Gartner.”
How Blockchain Enables Self-Sovereign Identity Apps
According to Juniper, the SSI movement which uses blockchain to give users direct control of who accesses their online credentials will reach annual revenue of $1.1 billion by 2024 — that’s up from an estimated $100 million by the end of 2020.
Personal Data Privacy Concerns Multiplied in 2018
People are very concerned about the security of their personal data and devices — 77% of U.S. broadband households are very concerned about their online service being hacked; 75% worry about their computer being hacked; and 66% are concerned about their smart TV or streaming media player being compromised.
via Parks Assoc
How GDPR Rules Will Affect Unprepared Companies
Marketers have strong incentive to tighten up their data, but the law’s vagueness and uncertainty around how stringently it will be enforced have created an environment where few companies feel prepared for GDPR.
via eMarketer
Exploring the Facebook Data Harvesting Fiasco
Hundreds of millions of Facebook users are likely to have had their private information harvested by companies that exploited the same terms as the firm that collected data and passed it on to Cambridge Analytica, according to a new whistleblower.
via The Guardian
Internet of Things has Big Impact Across Healthcare Sector
Despite regulatory and privacy constraints, organizations in the healthcare industry are exploring ways to put the Internet of Things (IoT) to work. Players include pharma manufacturers; hospitals and clinics; physicians and nurses; health insurers and numerous ICT companies.
Source: eMarketer
Why Online Privacy and Identity has Become a Big Business
With almost 7.3 billion people on the earth today, only 32.7 bits of information about someone is required to uniquely identify a single person living on the earth. It does not take much information about someone to get close to 33 bits of information: it can be assembled from small pieces of data about people.
via Lens360
New Internet of Things Report Recommends Security Measures
In a detailed report on the Internet of Things (IoT), the staff of the U.S. Federal Trade Commission recommend a series of steps that businesses can take to enhance and protect consumer privacy and security, as Americans start to reap the benefits from a growing world of Internet-connected devices.
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