E035 – Your Data and an Announcement

Announcement: Celebrating FTLOD’s 3 year anniversary this month Covered a diverse range of topics from BBQ and chocolate to alogorithms and graph databases Future episodes will be much more ad-hoc and when I come across a topic that is interesting Please stay subscribed Please reach out on Twitter or LinkedIn to let me know what your favorite episode has been   The Importance of Your Data Quotes: With great power comes great responsibility -Amazing Spider Man #15 Data Commercialization Ford’s CEO recently suggested that the data collected by the company’s financial services arm also represents a valuable, low-overhead asset.1 Not 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 create However, this is not all data doomsday Data is helping us achieve better, deeper, faster insights than ever before We are bettering our health, optimizing economies, and identifying connections that we never could have before All this reward comes with some risks that we need to manage and be aware of Data Breaches Marriott 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.3 What to do to protect yourself if your data is part of a breach:4 Sign up for services like SpyCloud (it is free) Change your password – and ideally switch to unique passphrases Monitor your accounts for suspicious activity Open a separate credit card for online transactions Limit the information you share Avoid saving credit card information on websites Be vigilant Music: 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.html https://www.cnn.com/2018/11/30/tech/marriott-hotels-hacked/index.html https://www.cnn.com/2018/11/30/tech/marriott-breach-what-to-do/index.html https://answers.kroll.com/