“Google’s Practices Threaten Privacy, Too,” The Wall Street Journal, April 23, 2018 B1. Google’s practices may expose more information related to you.
What is you information worth to you? What is it worth to someone else? Who profits? What controls are in place and how effective are they?
Do you read their policies? Do you care?
“The Mariners; Big Data Experiment,” The Wall Street Journal, March 27, 2018 A14. Data leads to moving a star player from shortstop to the outfield.
Maybe not a big Information Governance or Compliance piece. But interesting use of information.
“Facebook Breaks Its Silence, Admits to ‘Mistakes,'” The Wall Street Journal, March 22, 2018 A1. Facebook takes fire for use of Facebook’s data on 50 million users by outside app developers and others. One analyst points to “systemic mismanagement.” Stock value has dropped 10% ($50 billion).
Well, that’s your data, isn’t it? Data about who your friends and interests are, and other data generated by your use of Facebook. What are your networks worth? Who says privacy is dead?
The common crisis management three-step. Crisis, government outrage/testimony and heartfelt (albeit delayed) apologies, and more regulation/lawsuits.
Lots of questions about who owns what data and who has what responsibilities with respect to that data. Are your personal networks information? What’s the information worth? When FB holds the information, is it no longer yours? Did you accept this risk? Was this really just a problem with FB’s vendors not controlling things? The list goes on.
Filed under Access, Analytics, Communications, Controls, Corporation, Definition, Duty, Governance, Information, Internal controls, Oversight, Ownership, Privacy, Protect assets, Security, Third parties, Value, Vendors
The headline from Tuesday says it all. “Data Blowback Pummels Facebook,” The Wall Street Journal, March 20, 2108 A1. Inquiries into allegedly improper data access in support of Trump campaign. Stock dropped 6.8% on Tuesday (-$36 billion in shareholder value). Congress stirs. Wants to restrict how Facebook deals with user data.
At issue is information of the same type shared with the Obama campaign in 2012, allowing access to your connections. After that election, Facebook changed their policies. This case involves a professor (technically, a vendor?) getting information from Facebook and sharing it with others, including a group advising the Trump campaign. After Facebook discovered what the professor had done, an audit was done at the campaign adviser group, which said it had deleted all the data once it learned the professor had violated Facebook’s policies when he provided the information.
Who owns the data (such as who your friends are), and what protections are applied to this data? Is Congress getting involved going to help or hurt? How do you make sure your vendors comply with your policy?
And Facebook’s policies? Today’s headlines says it all (sort of): “Lax Data Policies Haunt Facebook,” The Wall Street Journal, March 21, 2018 A1. Actually, it wasn’t a problem with the policies, it was the fact that Facebook wasn’t very good at monitoring or enforcing them. And the policies were adopted as part of a settlement with the FTC. This could get expensive. The Canadian government (where there is more extensive privacy protection by law) is also investigating. An additional 2.6% drop in shareholder value on Tuesday.
See also “Facebook Provokes Storm Over User Data,” The Wall Street Journal, March 19, 20198 B1. How did an outside data firm get access to users’ private data without their permission? Unclear whether the data firm kept the data longer than it should have.
Watch this space. This is going to be news for a while.
Filed under Access, Analytics, Compliance (General), Controls, Corporation, Duty, Duty of Care, Governance, Information, Internal controls, Oversight, Ownership, Privacy, Protect assets, Third parties, Value, Vendors
What does blockchain have to do with information governance?
It’s early days yet, but think about what happens with information. It gets created, modified, transferred, stored, used, reused, exchanged, and, hopefully, deleted at the end of its life. Would it be useful to be able to track who owns the information and where it is at each step of its life? Is a piece of information that much different than a cargo container being tracked from origin to destination?
“Blockchain Has Power to Transform,” The Wall Street Journal, March 12, 2018 B4.
Filed under Access, Accuracy, Analytics, Controls, Governance, Information, Interconnections, IT, Operations, Supervision, Technology, Third parties, Use
“Scientists Build a Family Tree of Millions,” The Wall Street Journal, March 2, 2018 A3. Scientists use information posted by people searching for relatives to build “a database of 13 million people related across 11 generations, based on 86 million public profiles.”
Who owns your family tree? How will this information be used, and by whom? What’s it worth? What will analyzing this information yield? What happened to privacy? Do you give that up when you search for your forebears?
“Nielsen Acknowledges It Misses ‘Live’ Streamers,” The Wall Street Journal December 7, 2017 B3. Networks don’t get full credit on the viewing statistics (number of viewers for a particular show) for all the live viewers. Apparently, those viewers who stream certain broadcasts aren’t fully counted.
What do you do when technology changes, and it’s harder to count what you’re used to counting? How do you price your offering? What’s your information worth?