There is something odd about calling the misuse of personal data online a privacy ‘issue’. We need ‘privacy’ when we undress or talk to our loved ones; it’s about feelings like shyness and embarrassment. In the digital world we label lots of things as ‘privacy issues’; but is stealing my credit card details and using it to rack up […]
Disclaimer: Despite my long-standing professional interest, I’ve invested in bitcoin only briefly. Though I’ve earned a 30% return in just three weeks when I did so, I soon realised this investment was not suitable for my risk appetite. So, unfortunately, this is not the story of how I’ve become a bitcoin millionaire.
In the past few years, bitcoin has become […]
The nature of war has changed significantly since the end of World War 2. Battle lines have now become opaque; an attack can come from terrorists who easily blend in as civilians, drones that are undetectable to the eye, or ballistic missiles launched from 500 miles away. To account for the increased lethality of war, a vast budget is […]
Do you shop online? If so, sellers are likely to know a lot about you: purchase histories, browsing histories, where you live, which operating system you use, and so on. Consumers and policymakers are concerned that online sellers may use data of consumers to learn about how much they are willing to pay, and then charge different prices to […]
Within the span of a decade, social media has woven its way deep into our lives. Many use it extensively – the average user spends more than two hours a day on social media – to connect and communicate with each other, to get information, and to entertain themselves. There may be no technology since television that has so […]
Social interaction and communication are key elements of our society. Individuals reveal personal information about themselves to others — for instance with a view to deepening a relationship. Since nowadays, social relationships are oftentimes maintained via social networking sites, instant messengers, or other social media platforms, personal disclosures can reach larger audiences than originally intended and put people in […]
Informational privacy: a precondition for democratic participation? To survive, democracies need to protect citizens’ data privacy, even against their inclinations to share information online, writes Wulf Loh.
Rethinking privacy in the age of psychological targeting. Direct regulation of psychological targeting and privacy by design may lift from users the burden of actively protecting their privacy, write Sandra Matz, Ruth Elisabeth […]
The value of informational privacy has long ceased to be seen merely in the protection or exercise of individual autonomy. Already in the early 1980s, the German Federal Court pointed out that the political autonomy of citizens in exercising their democratic rights and duties would be incompatible with a “social and legal order […], in which citizens could no […]
“Psychological targeting” is the practice of predicting people’s psychological profiles from their digital footprints (e.g. their Facebook profiles, transaction records or Google searches) in order to influence their attitudes, emotions or behaviours with the help of psychologically informed interventions. For example, knowing that a person is extroverted makes it possible to personalise recommendations in a way that aligns with […]
The idea that technology and the digital revolution will transform our lives and be wholly positive is a familiar trope. Undoubtedly the pace of change is rapid – especially since the arrival of high-speed internet connectivity – and the emergence of interactive and voice-activated devices has progressed from the possible to the common place in very short order. The […]
In May 2019, Brad Garlinghouse, CEO of a San Francisco based (but Delaware registered) fintech firm called Ripple Labs gave a presentation to the 9th High-Level Conference on the International Monetary System. The small audience included Christine Lagarde (then chairman of the IMF) and the heads of several central banks. He described a problem in the world financial system […]
Recently, hardly does a month go by without us hearing breaking news on high-profile data breaches. For example, earlier this year, the social media giant Facebook revealed that over 419 million users had their account-linked phone numbers exposed due to an unencrypted server. Anyone who is interested can potentially search for a particular Facebook ID and its associated phone […]
Cloud computing is growing at an unprecedented rate, and it is estimated that cloud services will reach a global market value of $411 billion annually by 2020 with annual growth exceeding 15 per cent (Columbus 2019; Gartner 2019). Cloud computing services allow businesses the flexibility of accessing data storage and software resources according to their needs without costly investments […]
Artificial Intelligence (AI) is poised to transform the business world. It is not the first time that technologies have done so. Decision support systems, expert systems (already integrating AI) and knowledge management systems, which were promoted by the largest consulting firms and IT manufacturers, monopolised the interest of companies in the late 1990s. Yet, despite the undeniable benefits they […]