HIGHLIGHTS OF THIS ISSUE
- Sharing is caring
- Humans make mistakes, cryptography doesn’t
- Children enter the data privacy conversation
- Who’s good at data privacy?
For years, personal data was held by companies and thought of as the company’s property. However, data’s “wild-west” era is coming to an end as the public, lawmakers, and companies reevaluate how personal data should be handled. The narrative around data is shifting to be viewed “as an asset owned by individuals and held in trust by firms.” Read more about The New Rules of Data Privacy from the Harvard Business Review here.
Data sharing is growing, particularly in the finance and healthcare industries. As this Deloitte Insight article states, “data gains value when it is shared.” In the next few years over “70% of global data and analytics decision-makers are expanding their ability to use external data.” Learn more about how strong privacy preservation can make it easier to share data.
“As Alexander Pope once said ‘to err is human’ and if we are to truly solve for privacy and security we have to move to models that rely less on humans doing the right thing and for privacy, this means extensive use of cryptographic patterns.” Check out this Unmitigated Risk article for more on how cryptographic controls improve privacy.
What factors do you consider when your company is deciding whether to build or buy software? What are the invisible costs of building software that you could buy? Are companies putting too much weight on certain considerations? Check out this article to learn more about the hidden costs surrounding the decision to build or buy.
During President Biden’s State of the Union address earlier this month, he included remarks about children’s privacy and bolstering laws that aim to protect children online. Learn how this push to improve children’s data privacy laws could reshape the way you design apps and services.
A new, four day deadline is being considered by the U.S. Securities and Exchange Commission for “publicly-traded firms to disclose breaches”. While still undecided, this new plan would also “require companies to report information about how they manage cyber risks in their annual reports” and “Amend the form that companies use to report significant news to be useful for disclosing hacks”.
Protecting customer privacy is an incredibly hard and important task. And many companies struggle with it. So, who can we learn from? Who’s good at data privacy?
Take a deep dive into the current state of data privacy and security across organizations in 2022. Key findings suggest that “developers and IT teams still have a lot of work to do in order to gain mastery over data privacy and security.”
Stay up to date on all things data privacy with these upcoming events.
March 22-24, Online.
March 31, Online. Register here.
April 10-13, Washington, DC.
June 6-9, San Francisco, CA.
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