Recently, Facebook is involved in a serious scandal that reveals how Facebook deal with its users’ personal information. As you may know, Facebook sold over 50 million users’ personal information to a data analysis firm called Cambridge Analytica without their consents. Despite they claim this practice for academic research, Cambridge Analytica has no relation to any academic organizations. What’s more, its focused field is how data would influence the electoral process which allows people to assume the Trump’s presidential election can be manipulated by certain people through posting biased advertisements to Facebook users. To gather more personal data, the personality quiz on Facebook allows Facebook and Cambridge Analytica to have more detailed personal information under the unwittingness of Facebook users. After this disclosure, Facebook CEO Mark Zuckerberg has vowed to take further steps in protecting its users’ privacy.
Many Facebook users are deleting their accounts as a response to this scandal. As a MIS student, would you think the cyber security topic will be the standing one in the future? Or do you think it is the top topic alreay?
The cybersecurity issue is no longer a news to us. However, we still could not protect our personal information due to the established computing processes. The solution is here: Veil, a new technology invented by MIT and Harvard scholars, ensures us that our private information will not be tucked away by our browsers in three ways:
Shell Game: Every activity we do on the browser is stored in our devices even in private-browsing mode. This potentially allows a highly motivated attacker to retrieve it. Shell game will prevent this from adding an encryption to our data, which cannot be utilized by a third party.
Decoys: Adding redundant and useless codes into our private records, Veil blinds any third party.
The Back End: Converting websites into Veil version and then reloading information allows users to directly use Veil browsing all the websites that may have safety threatens.
What do you think of the new service? It is necessary or there is a better way to do? When it is available, will you try it?
As companies started shifting from data-generating to data-powering phase, the value of data analytics becomes more and more essential. How can companies, nowadays, keep pace with the revolutionary change? Here are the major 4 approaches:
1. Make data valuable.
While companies storage tons of data, investing a huge amount of capital for, the question comes down to its value. It’s time for them to figure out how to make good use of those data.
2. Bring CDO (Chief Digital Officer) onboard.
The emerging trend of data-driven business is casting a message that companies need an incumbent dealing with “digitals”. Together with resources and skills, CDOs will generate the most successful accomplishments for their organizations.
3. Traffic “police” come into the center of data.
As different departments playings roles, they will be using different systems which generate different data all the time. Who will be directing them? And who will be organizing them? The answer is Data Curator. By conducting and dealing with data related activities, data curators will ensure the whole process perform as it supposed to be.
4. Data governance.
European Union has passed General Data Protection Regulation (GDPR) which directly influences on all the companies that have business with EU residents. A company which breaches the regulation will face a fine up to 20 million Euros. Therefore, for those company, the governance over their data is going to impact on their fates. And the U.S. companies are the very first likely victim of this regulation according to Zachery Bosin, director of solution marketing at Veritas Technologies.
Among those 4 approaches, which you think is the most impending crisis a company needs to deal with? For small companies, is data the key to success or the impact can only be prominent for big companies? Will GDPR instigate such tremendous movement toward the world, and other organizations or governments will respond?