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Transparency, regulations 'will reduce data leak risk'

DUBAI, April 9, 2018

The data on platforms on social networks may well be re-used in very different contexts than one may expect, said an industry expert, adding that there needs to be transparency, which must be done on a notion of reciprocity.

“The major issue is that not all data provided by people is done so voluntarily. You might voluntarily give your data to a social media network, but then there is information that is supplied passively, such as using location services or integrating data across devices. This massive data collection is leading to de-contextualization of people’s data,” added Ali Rebaie, a cyber security expert and president & data anthropologist at Rebaie Analytics Group, who will address the upcoming 6th edition of the Gulf Information Security Exhibition and Conference (Gisec) in Dubai.

The event runs alongside Internet of Things Expo (IoTX), under the umbrella of Dubai Future Technology Week, at Dubai World Trade Centre (DWTC) from May 1 to 3.

“I call in the ‘Kin-directed AI Nation’, which involves cooperation and inhibits the blanket dispersal of personal data stored in an Internet of Things (IoT) environment, drones, connected cars and wearables. We, as humans, would provision this collaboration, via fine-grained consent and the capacity to exit a data deal at any time without any negative implication,” he noted.

“Technology is a double-edged sword that brings opportunities and dangers. Everyone – users, tech companies and governments – needs to be mindful in its use. As users, we need to constantly equip ourselves with information about the risks we face before using an application. Technology companies also need to play their part too to safeguard customers’ online experience and exposure,” said Ng Hoo Ming, deputy chief executive officer (Operations), Cyber Security Agency Singapore.

Major online data breaches are constantly in the headlines. Whether it is personal information of end users, confidential corporate records or classified documentation being leaked or stolen and used surreptitiously, the collection and use of data online is a burning issue and increasing concern for many.

More data than ever before is being collected about us as individuals and businesses, via data points such as mobile location, integration of apps, cross-platform use. As the world becomes ever-more connected, 2.5 quintillion bytes of data is created daily, data collection forms a strategic element of business strategies across a range of industries.

According to the Digital in 2017 Overview, complied by We Are Social and Hootsuite, there are now more than 3.8 billion internet users – more than half of the world’s population, with more than 1 million new users on social media every day.

However, the recent Facebook data scandal has raised numerous questions. On this occasion, the data of 87 million Facebook users was accessed without their consent by political research company Cambridge Analytica during the 2016 US Presidential elections to create targeted advertisements. The shocking revelation of the latest data leak has cost the tech giant more than a whopping $100 billion in market value. So, is it time to regulate social media, technology companies and others when it comes to data farming and use of it? And how can episodes such as this be avoided in the future?

“Explicitly stating their company’s ethical code of conduct is a start. Adhering to it is critical and will be assuring to all. Governments can help to create a safe and trustworthy cyberspace by implementing a sound regulatory framework for technology companies. This will help to spur new technology innovations that we can embrace with more confidence,” added HooMing, who will also host a special masterclass during Future Technology Week on best practices for tackling national cybersecurity matters on April 30.

Both HooMing and Rebaie will join 60-plus industry experts in addressing more than 40 special sessions during the three-day confex, discussing, and knowledge sharing on the latest security measures to protect individual, corporate and government systems and data.

Gisec and IoTX 2018 will provide key industry players, from developers, to system engineers and chief information officers with the latest, up-to-date best practices on how to anticipate, react and prevent such attacks from happening to their organisation, say event organisers.

“Understanding the importance of secured IT frameworks in a connected ecosystem and protecting users and company data online is fundamental,” said Trixie LohMirmand, senior vice president, Events and Exhibitions, DWTC. “With the most prominent voices of cybersecurity and IT technologies together under one roof, Future Technology Week 2018 will educate, spread awareness and showcase the latest trends to strengthen systems and network security.” – TradeArabia News Service

Tags: facebook | Data leak | Gisec | IoTX |

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