Announcement:
Celebrating FTLOD’s 3 year anniversary this monthCovered a diverse range of topics from BBQ and chocolate to alogorithms and graph databasesFuture episodes will be much more ad-hoc and when I come across a topic that is interestingPlease stay subscribedPlease reach out on Twitter or LinkedIn to let me know what your favorite episode has beenThe Importance of Your Data
Quotes:With great power comes great responsibility -Amazing Spider Man #15Data CommercializationFord’s CEO recently suggested that the data collected by the company’s financial services arm also represents a valuable, low-overhead asset.1Not just driving data, but also using data from purchase process such as marital status, income, etc.However, in desperation to maintain profits, what would some companies do?Know how your data is being used.Tim Cook recently criticized Google, FB, and others (not by name) of creating a “‘data industrial complex’ in which our personal information ‘is being weaponized against us with military efficiency.’”2.Talked about the echo chamber that social networks and algorithms can createHowever, this is not all data doomsdayData is helping us achieve better, deeper, faster insights than ever beforeWe are bettering our health, optimizing economies, and identifying connections that we never could have beforeAll this reward comes with some risks that we need to manage and be aware ofData BreachesMarriott disclosed a 500MM record breach. Not the biggest, but it hackers had access since 2014.Names, phone numbers, email addresses, passport numbers, date of birth and arrival and departure information. For millions others, their credit card numbers and card expiration dates were potentially compromised.3What to do to protect yourself if your data is part of a breach:4Sign up for services like SpyCloud (it is free)Change your password – and ideally switch to unique passphrasesMonitor your accounts for suspicious activityOpen a separate credit card for online transactionsLimit the information you shareAvoid saving credit card information on websitesBe vigilantMusic:
Deep Sky Blue by Graphiqs Groove via FreeMusicArchive.org
Sources:
https://threatpost.com/ford-eyes-use-of-customers-personal-data-to-boost-profits/139209/https://www.nytimes.com/2018/10/26/technology/apple-time-cook-europe.htmlhttps://www.cnn.com/2018/11/30/tech/marriott-hotels-hacked/index.htmlhttps://www.cnn.com/2018/11/30/tech/marriott-breach-what-to-do/index.htmlhttps://answers.kroll.com/
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