Data Protection Concerns Hinder Innovation – Information Management

Data Protection Concerns Hinder Innovation
Information Management
Consumers have a lack of understanding and an inherent distrust in how their data is being used, and companies need to rethink their approach to data privacy in order to spur innovation, according to a new study sponsored by Intel. As part of the

from #dataprotection – Google News http://bit.ly/1sDBbsR
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One thought on “Data Protection Concerns Hinder Innovation – Information Management

  1. ulfmattsson

    I agree that “If we want to spur innovation and realize the true potential of big data to solve the world’s greatest challenges, technology leaders and organizations have to assume responsibility for establishing transparent business practices, designing privacy-enhancing technologies, and encouraging legislation that helps instill trust.” I’m concerned that we are increasingly failing to protect the privacy of sensitive data.

    The good news is that this is a rapidly evolving field of new data centric security technologies. I’ve seen two interesting approaches to address these privacy issues.

    The first approach is based on a service oriented distributed and decentralized anonymization for privacy-preserving data publishing that are addressing privacy (of data subjects and privacy of data providers).

    The second approach is even more interesting, and based on new advanced data privacy technologies that can provide a balance between access to sensitive data and privacy.

    Modern granular data protection, like data tokenization, is very cost effective. Recent studies reported that data tokenization can cut security incidents by 50 % for the most sensitive types of data.

    Ulf Mattsson, CTO Protegrity

    Reply

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