Building a safer internet with data privacy at the heart
Digital technologies are transforming every facet of our lives for the better. While these innovations are exciting, they are creating one of the largest threats to society as we know it - data abuse.
Thirty years into mass internet adoption, the internet is breaking. We have lost control of our data and bad actors are abusing the data they can freely collect on those of the 7.5 billion people in the world who go online to search, post, shop or generally interact with the internet.
Big businesses power the current Internet through privately owned servers and centralised infrastructure. A substantial number of these large organisations have built their empires on data harvesting models. This makes for uncomfortable reading as the steady stream of privacy violations and misdeeds around the world continues.
According to Gartner by 2020, the backup and archiving of personal data will represent the largest area of privacy risk for 70% of organisations, up from 10% in 2018. And by 2022, 75% of public blockchains will suffer “privacy poisoning” — inserted personal data that renders the blockchain noncompliant with privacy laws.Public opinion is shifting from growing awareness to widespread concern and anti-trust regulators are stepping in, taking much-needed action.