UK consumers threaten data breach backlash – Computer Weekly, 5 December 2018
“Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data.
Retailers are most at risk globally, with 62% of respondents willing to walk away after a data breach, followed by banks (59%) and social media sites (58%), according to a survey of 10,500 consumers by digital security firm Gemalto.”
What Great Data Analysts Do — and Why Every Organization Needs Them – Harvard Business Review, 4 December 2018
“The top trophy hire in data science is elusive, and it’s no surprise: a “full-stack” data scientist has mastery of machine learning, statistics, and analytics. When teams can’t get their hands on a three-in-one polymath, they set their sights on luring the most impressive prize among the single-origin specialists. Which of those skills gets the pedestal?”
Who steals personal data and how do they make money from it? – Sky News, 5 December 2018
“When large data sets such as these appear within the cyber criminal ecosystem, they are either sold in their entirety or broken up and sold piecemeal across forums, messaging applications and marketplaces.”
GM Files Blockchain Patent to Manage Data From Autonomous Cars – Coin Telegraph, 3 December 2018
“GM’s application, first filed May 25, 2017, outlines a system for using blockchain to provide “secure” and “robust” data distribution and interoperable exchange between multiple automated vehicles and other entities, such as municipalities, regional authorities, and public facilities.”
National Grid turns to AI to process drone data – IT Pro, 3 December 2018
“The organisation has been using six drones, made by British firm DJI, to inspect the lines around England and Wales. The drones are equipped with high-res cameras with infrared capabilities and the drones are deployed to assess the pylons, checking steelwork, wear and corrosion and damage to conductors.
With so many lines, the drones capture a lot of data and like pretty much every AI story, it’s about processing that information to save labour time.
National Grid has started using machine learning with the drone data, but it’s chief executive John Pettigrew said it was an aid rather than a human replacement.”
China’s edge in the tech race is vast amounts of data – CNBC, 30 November 2018
“Just over 1.4 billion people live in China. That’s a fifth of the world’s population and four times as many people as the United States.
A vast number of them are sharing medical records, paying for meals and accessing bank accounts through technology on a daily basis, on scale not seen in Europe or the U.S.”
Facebook considered charging companies for access to user data – Cnet, 28 November 2018
“Facebook employees also discussed encouraging advertisers to spend more money on the service in exchange for increased access to user information, the emails in the document reportedly show. Monetizing its user data would mark a dramatic about-face of the social media giant’s longstanding policy of not selling that information.”
Bluzelle chief explains the concept of data as a currency – CNBC, 28 November 2018
“If data is treated like a currency, companies like Facebook and Twitter should “almost conduct themselves like banks,” says Pavel Bains, CEO of Bluzelle.”
A modest proposal for the Open Data Institute – Financial Times, 29 November 2018
“Google, Apple and Uber have independently spent millions gathering geospatial data. This is the sort of data which might be used for driverless cars, delivery drones, security functions and other tech wonders. It is therefore of great interest to many less data-rich businesses, and indeed governments.
According to the Open Data Institute (ODI), these companies are in effect “data monopolies”, thanks to the wealth of geospatial data they have obtained on our roads, routes and travels. This is largely presented as a bad thing.
However, the ODI’s reasoning seems a little contradictory. The institute seems to be saying that big tech has too much data, and is therefore in too powerful a market position compared to smaller companies.”
The data era is shifting: From creation to storage to readiness – Information Age, 27 November 2018
“The global ‘data sphere’ could grow from 33 to 175 zettabytes by 2025, and industries such as Financial Services, Manufacturing, Healthcare, and Media and Entertainment are helping to define this new era of data growth. This is according to a white paper by the IDC, sponsored by global data and storage company Seagate Technology, which has examined impending shifts to the global data model.”
71% of UK businesses at risk due to data skills gap, CEOs say – TechRepublic, 26 November 2018
“Nearly three quarters (71%) of CEOs in the UK and Ireland said a shortage of data skills and lack of data access could create major issues in their business, according to a recent report from Domo. Since data access and information are booming in the enterprise, cybersecurity and data privacy became a major concern in 2018, and will likely remain so in the coming years.”
Deploying IoT? The Trick is the Data – IoT Evolution, 26 November 2018
“In either of these examples, the IoT technology only delivers its full value when the data is properly captured and processed. This technology produces enormous quantities of streaming data. Too many enterprises jump into IoT without even developing a plan on how they’ll handle the huge volumes of data they’ll incur – which requires consideration for how quickly their analytics engines can derive conclusions from the data, how much network bandwidth they need to handle quantum leaps of data expeditiously, and even how and where they can store that data for post-analysis. As a result, their IoT deployments suffer bugs and perform poorly. The organizations may blame the hardware, but the blame lies in their failure to correctly process data.”
IBM CEO Joins Apple in Blasting Data Use by Silicon Valley – Bloomberg News, 27 November 2018
“Without naming company names, Rometty pointed to the “irresponsible handling of personal data by a few dominant consumer-facing platform companies” as the cause of a “trust crisis” between users and tech companies, according to an advanced copy of her remarks.”
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