Appliances we use often capture data about how we use them. Who owns that data, where is it stored, and what is it used for (and by whom)?
“What Your Car Knows About You,” The Wall Street Journal, August 18, 2018 B4. Large of amounts of data being collected from on-board devices, and used by car makers and others.
Will this lead to more targeted advertising? May be worth $750 billion by 2030. How much of that will the car owners get?
Sure, currently you have to opt in to this service. You will read (and understand) the terms and conditions, won’t you? And this will all be stored securely, with your privacy protected, won’t it? Not that anyone could use your location or your driving habits against you.
It’s one thing when an insurance company asks you to install an appliance that tracks your driving habits. You can qualify for rate discounts. But what if the car manufacturer installs an app that sends the data to the insurer?
“App Tracks Driving Habits,” The Wall Street Journal, July 6, 2018 B3. Mitsubishi installs app and offers to arrange to send data to insurers.
Again, this looks like someone else stepping in and trying to make money from sharing your data, not theirs. Will this, as this article says, lead to insurers economically forcing you to share this information? How you drive is one thing; but this would also include where you go, and when. And can be tied to your credit rating, ZIP code, age, gender, etc.
What’s this data worth to you? More or less than what it is worth to Mitsubishi and the insurance companies? What will they do with this data once they have it? Will they keep it secure? Do they do this on cars sold in Europe or, for that matter, Japan? Both countries have significantly stronger privacy protections than the US.
“Amazon Delves Into Health Data,” The Wall Street Journal, July 2, 2018 B3. Amazon buys a company with a bunch of personal health information.
It’s not like Amazon doesn’t have to deal with a whole host of privacy regulations, including the EU and, more recently, California. But personal medical information is different, and subject to different controls.
How does a company that lives on finding relationships in large bodies of information deal with information that can’t be used freely?
Filed under Access, Analytics, Compliance, Compliance (General), Controls, Corporation, Directors, Duty, Duty of Care, Employees, Governance, Internal controls, Oversight, Policy, Privacy, Third parties
“Old Spy Plane Tries to Learn New Tricks,” The Wall Street Journal, June 8, 2018 A3. Using new data analytical techniques to harvest more information from U2 spy photos taken from 70,000 feet, freeing up human viewers for other duties.
What old information do you have that you could process differently with newly available technology? What value could you harvest?
“Amazon’s Tool for Facial Recognition Fans Privacy Fears,” The Wall Street Journal, May 23, 2018 B4. People reach to Amazon’s sale of facial recognition technology to law enforcement authorities, fearing such technology might be misused.
I guess the law enforcement types could misuse the technology, but then they could misuse their guns, too. How is this different? Isn’t technology neutral? Is the issue really, “What controls does the user have in place to prevent misuse?”
Don’t corporations have a duty to their shareholders to make revenues by selling legal products? Why should Amazon prefer the views of the ACLU over the interests of Amazon shareholders?
Filed under Analytics, Compliance, Compliance (General), Controls, Corporation, Definition, Duty, Governance, Government, Information, Internal controls, Third parties
- Bad employees are bad
“Suspect In Massive CIA Leak Identified,” The Wall Street Journal, May 16, 2018 A2. Did a former employee leak CIA hacking tools? How do you protect yourself from former employees leaking your information?
- Does this displace doctors?
“New Methods Aim to Speed Stroke Care,” The Wall Street Journal, May 15, 2018 A3. Algorithms compare a patient’s brain scans against a database, allowing quicker diagnosis and treatment, even by non-experts. Is this closer to using AI to practice medicine? Is this using information better, faster, and, hopefully, cheaper?
- Failure to use information
“Paris Attacker Was Flagged as Risk,” The Wall Street Journal, May 14, 2018 A8. Attacker in Paris was in the database, but nevertheless was able to kill.
Filed under Access, Analytics, Controls, Corporation, Duty, Employees, Governance, Government, Information, Internal controls, Oversight, Protect assets, To report, Use, Value
The value of information is in its use, or perhaps in the ability to prevent others from using it.
“H&M Ramps Up Data Use,” The Wall Street Journal, May 8, 20189 B4. Store chain mines social media to identify and track trends, and analyses store-specific information to determine what to stock in that store.
So, they use a common technology approach to data analysis chain-wide to derive a store-specific stocking strategy. They find that computers don’t get distracted by emotions as much as humans.
Filed under Access, Analytics, Collect, Information, IT, Knowledge Management, Management, Operations, Use, Use, Value