Category Archives: Ownership

Email

“Yahoo, Bucking Industry, Scans Emails for Data to Sell,” The Wall Street Journal, August 29, 2018 A1.  Unlike its competition, Verizon scans your Yahoo and AOL emails and shares the data with advertisers trying to sell you stuff.

This blog focuses in part on Compliance with law and company policy and procedures.  Does one need to comply with the practices of others in the industry, even where that is not required?  Do “market forces” act as part of the Governance structure?

We already know that Yahoo feels it owns the data you exchange over their platform.  But telling others what sites you’ve visited is a bit different than telling them what you may have been mentioned in your email.

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Filed under Access, Compliance, Compliance (General), Controls, Governance, Information, Ownership, Ownership, Privacy

Ownership

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.

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Filed under Access, Accuracy, Analytics, Controls, Information, Ownership, Privacy, Security, Technology, Value

Value

The value of information can be calculated in multiple ways, from multiple viewpoints.

“My Boss Makes What? (Employees Work Harder If They Know),” The Wall Street Journal, August 6, 2018 R1. Salary transparency makes people work harder.

Is what you make “private”?  Should it be?  Whose interests are served by keeping this information private?  Who owns it, you or your employer?  Do anyone have a duty to keep this private?  Why would your employer want this kept quiet?  To avoid Sally complaining that she works harder/better/faster/quieter than Sue, and should be paid more? Or to keep a competitor enticing Sally away?

Ask yourself why you want to keep your salary private.  Sure, you don’t want marketing agencies targeting you because you’re wealthy, but they probably can approximate your salary anyway.

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Filed under Access, Accuracy, Communications, Controls, Corporation, Culture, Duty, Employees, Governance, Information, Internal controls, Managers, Ownership, Privacy, Third parties, Value

Tapes and onions

Today, with surveillance cameras everywhere, it’s good to remember that everything you say may be recorded.  Even by someone you trust.  And those recordings turn up.

“Cohen Recorded Talk With Trump,” The Wall Street Journal, July 21, 2018 A1.  Trump’s then-personal lawyer recorded a conversation with then-private-citizen Trump about a story about a Playboy model.

Several different layers of onion involving this tape its creation, its collection by the FBI under a warrant, its production after a court-ordered review, its release to the press, and its impact.  And who owns it, at each stage of the process?  Did Trump know he was being taped?  Was this privileged?  Was the privilege waived?  How and by whom?

I just ask the questions.

 

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Filed under Access, Controls, Discovery, Duty, Government, Internal controls, Lawyers, Legal, Ownership, Privacy, Privilege, Third parties

Privacy breaches

“SEC Takes Close Look At Facebook Data Lapse,” The Wall Street Journal, July 13, 2018 B1. SEC looks at whether Facebook responded appropriately after learning that user data was being used inappropriately.

Is keeping investors apprised of violations of contracts or policies part of your crisis response process?  Even when it wasn’t “your” data that was breached?  Would you have caught this in time to avoid an SEC inquiry?

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Filed under Access, Compliance, Compliance (General), Controls, Corporation, Duty, Duty of Care, Governance, Internal controls, Investor relations, Oversight, Ownership, Privacy, Protect assets, Security, Third parties, To report

Privacy

“Alphabet, Apple Prodded On Privacy,” The Wall Street Journal, July 10, 2018 A3.  Congress asks how Google and Apple use “your” information, such as what you say and write and where you are.

Which is more interesting, the questions or the answers?

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Filed under Access, Controls, Corporation, Definition, Duty, Duty of Care, Governance, Information, Internal controls, Ownership, Policy, Privacy, Security, Technology, Third parties

Location information

Apparently, if you’re on Verizon, 75 companies know where your phone is.  Is that worth anything to anybody?  Who owns that information and who can sell/rent it?

“Third Parties Know Exactly Where You Are,” The Wall Street Journal, July 16, 2018 B4.

Well, I like to have Uber and Google Maps know where I am.  And FindMyPhone.  Who else?  Do I control that?

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Filed under Access, Controls, Corporation, Definition, Duty, Information, Ownership, Technology, Value