Mingis on Tech: Data breaches and the rise of 'surveillance capitalism'

Credit to Author: Ken Mingis| Date: Thu, 11 Oct 2018 03:00:00 -0700

Data breaches have become so common, and so frequent, that when companies like Facebook or Google admit to data leaks or outright hacks, users fret, the companies pledge to do better, and government regulators (sometimes) issue stern warnings.

Lather. Rinse. Repeat.

In recent weeks, Facebook acknowledged a breach affecting 50 million users and Google had to fess up to a breach affecting Google Plus users after initially deciding to keep quiet.

Given that both companies are now in the business of “corporate surveillance,” the potential for breaches ahead is unlikely to change anytime soon, according to CSO‘s J.M. Porup.

Haven’t heard that phrase before? Neither had Computerworld Executive Editor Ken Mingis, who sat down with Porup for more insights about what’s going on.

To be clear, said Porup, Facebook, Google and other social media firms have savvy, top-notch security teams doing their best to fend off bad guys. But the treasure trove of data the companies acquire – that’s where “corporate surveillance” comes in – also attracts the best and most resourceful hackers.

The result? An on-going war between the bad guys and companies that collect user data – with those very users caught in the middle. The most likely solution will be government oversight, Porup said, pointing to efforts like the General Data Protection Regulations (GDPR) coming from the European Union.

That kind of oversight, Porup and Mingis agreed, isnt likely at the federal level anytime soon in the U.S. But state action like that bubbling up in California could make a difference.

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http://www.computerworld.com/category/security/index.rss