Consumer and financial protection laws are wonderful when passed, but the key is to get them enforced. Government agencies have limited budgets for enforcement and political pressure often prevents government agencies from targeting lawbreaking companies.
Data aggregation and collection is now a reality in our online world due to data prevalence and technological advancements. In a global economy, the creation of multiple data privacy laws from country to country is problematic and hinders inclusion and commerce.
Merriam-Webster's online dictionary defines privacy as "freedom from unauthorized intrusion." The United States government defines privacy as "freedom from unauthorized intrusion, except by us." Personally I prefer the former definition.
If you are like most people, you are probably overdue for a data privacy tune-up and Data Privacy Day, taking place yesterday, is as good a day as any to take an inventory of the privacy measures in place to protect your personal information.
Beginning this spring, Disney plans to issue digital ID bracelets to collect and analyze visitor preferences and spending information with just the tap of a wrist. Don't like the idea of sharing your information with Disney?
Location-based technologies are allowing businesses to create meaningful engagement with consumers. Used properly, there are some revolutionary ways to deepen the relationship that will benefit both groups without compromising privacy.
Americans receive nearly 90 billion pieces of advertising mail every year. With thousands of companies offering to share their mailing lists, that adds up to an information super highway where individuals are losing control.