IDC Names Securiti a Worldwide Leader in Data Privacy
ViewListen to the content
In a noteworthy policy revision announced on July 1st, Google has made a significant update to its privacy policy, warranting the attention of business leaders across industries. This update marks a departure from previous practices, as Google expands its use of publicly available data to train all its artificial intelligence (AI) models, extending beyond the previous use limited to Large Language Models (LLMs). The implications of this change have sparked debates regarding privacy and the protection of proprietary data.
Enterprises now confront a stark reality: their publicly available data, which may encompass a treasure trove of confidential business intelligence, has become an integral part of Google's immense training data corpus. Public data often includes personal identifiers, creating the possibility of revealing private individual details when integrated into AI models. The need for robust data protection measures has never been more critical.
Furthermore, as cutting-edge AI models advance, they possess the ability to de-anonymize individuals, infer their industries and workplaces, and construct intricate profiles based on online activities. This presents a quandary for business leaders—an impetus for innovation coexisting alongside the potential for privacy infringement, intellectual property leakage, brand damage, and inadvertent sharing of anti-competitive information with rivals.
To illustrate the magnitude of the challenges ahead, consider the following scenario within the financial services sector:
James, a product manager at the esteemed FinServ Corp, is entrusted with developing a groundbreaking credit card targeting millennials. Seeking insights, he turns to Google, utilizing both his personal and corporate accounts, to research millennial spending habits, existing credit card offers, reward programs, and trends in financial technology. Over time, these searches generate a comprehensive data trail related to the concept of the new credit card.
However, under Google's updated privacy policy:
The risks stemming from this policy shift necessitate immediate action to safeguard FinServ Corp's strategic direction and proprietary product development. While regulatory and technical controls are crucial, their implementation is currently scarce within large companies.
To effectively mitigate these risks, enterprises should invest in state-of-the-art data identification and monitoring tools. These advanced systems proactively identify sensitive data within the corporate data ecosystem, flag it, and ensure continuous surveillance through a unified data command center encompassing all data repositories. This technical approach supplements regulatory measures, providing a dual layer of security to uphold data protection standards.
To strike a delicate balance between technological advancements and privacy principles, regulatory bodies play a crucial role in rigorously assessing these policy changes. In an era where AI training relies on vast amounts of data, companies must adopt proactive regulatory measures to safeguard individual privacy and preserve the sanctity of proprietary data.
As the potential for longer-term AI biases and privacy infringements loom, it is imperative for business leaders to remain vigilant. Understanding the potential implications of proprietary data being unexpectedly leveraged, enterprises must embrace a proactive and comprehensive defense strategy. Establishing a framework of data intelligence and automated controls that prevent sensitive information from being fed to an AI model is the key to balancing innovation and safety within an Enterprise.
Get all the latest information, law updates and more delivered to your inbox
September 14, 2023
UPDATE: The Personal Data Protection Bill 2019 has been withdrawn by the Indian government after over three years of discussion. The Bill had attracted...
August 11, 2023
Employee data protection is becoming increasingly important for organizations that are aiming to comply with global privacy laws. This puts pressure on the HR...
July 25, 2023
Introduction On June 7, 2023, Connecticut Governor Ned Lamont signed Senate Bill No. 1103 – An Act Concerning Artificial Intelligence, Automated Decision-Making and Personal...
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.
Copyright © 2023 Securiti · Sitemap · XML Sitemap
[email protected]
300 Santana Row Suite 450. San Jose,
CA 95128