Bill Mew, CEO at Crisis Team, talks with Susannah Streeter & Dave Vellante at AWS Summit London 2019 from ExCeL London, in London, UK.
#AWSSummit #CrisisTeam #theCUBE
https://siliconangle.com/2019/05/14/companies-do-tense-tango-with-new-data-privacy-laws-awssummitlondon-startupoftheweek/
Companies do a tense tango with new data privacy laws
As big data is transforming industries, data analysis is the new competitive advantage in business. But the flip side is that data misuse could land companies in court or put them out of business. Since Europe’s General Data Protection Regulations went live a year ago, businesses have been scrambling to comply without hurting innovation or thinning revenue streams.
Data privacy and security are no longer just some jargon in the fine print that consumers gloss over. In the past year, the issue has jumped to the fore of regular people’s minds, according to Bill Mew (pictured), founder and chief executive officer of The Crisis Team, a digital-era crisis management firm. “Because of a number of the horror stories around data breaches, the No. 1 issue out there is now how their data is handled,” he said.
New government regulations and growing pressure from the public pack a potent punch to companies in the data-refining business. They cannot afford to be lax about data privacy and security anymore. Many are concerned that GDPR’s rules are too staunch. A recent study from the International Association of Privacy Professionals revealed that less than 50% of companies are GDPR compliant. Almost one in five respondents said they felt that full GDPR compliance was impossible. And some tech companies have energetically lobbied against new privacy legislation in California and Washington.
Mew has worked with both privacy campaigners and corporations to strike an agreeable balance between freedom and oversight. “We want meaningful protections, absolutely, because there’s some really sensitive data out there, and the way it is used can affect our lives,” he said. “But at the same time, we don’t want to stifle innovation. We want to maximize the economic and social value. And that’s a really delicate balance.”
Mew spoke with Dave Vellante, host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, and guest host Susannah Streeter during the recent AWS Summit in London. They discussed the new data security and privacy challenges facing businesses (see the full interview with transcript here). (* Disclosure below.)
This week, theCUBE spotlights Bill Mew and The Crisis Team in its Startup of the Week feature.
Lobbyists pick a bone with privacy bills
Plenty have found a bone to pick with governments increasingly prying into private companies’ data centers. “I’ve looked over the GDPR, and to me, it actually looks like a socialist agenda,” said Lillian Pierson, data science trainer and coach at Data-Mania, who spoke with theCUBE in 2017. “It looks like a full assault on free enterprise.”
In fact, it is also “completely and wholly unenforceable,” said Pierson, who holds a juris doctor degree. What makes it difficult to enforce is that it grants jurisdictional rights to the citizen, making the law extraterritorial. To illustrate: If European Union citizen Jacques eats at Bob’s Grill in Idaho and pays with his Visa, Bob’s Grill is now forced to comply with GDPR in handling the customer’s data.
There have been lobbying efforts in the U.S. to push back against new privacy rules modeled after GDPR. The California Consumer Privacy Act now under consideration proposes some of the world’s toughest regulations on what tech companies do with user data. It would require companies to reveal what data they collect; allow users to delete that data and prevent its sale; and also define how data can be used in advertising. And lawmakers in Sacramento have weighed scores of proposed amendments to refine or rewrite parts of the law. The law is under heated debate already. Lobbyists for tech companies want to roll back its reach, and privacy advocates are seeking to extend it.
Washington State’s proposed data-privacy legislation, the Washington Privacy Act, recently collapsed under the weight of dissenting voices. Again, lobbyists for tech companies and privacy zealots were among those who could not agree on terms.
...
Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of the AWS Summit. (* Disclosure: TheCUBE is a paid media partner for the AWS Summit London 2019 event. Neither Amazon Web Services Inc., the sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
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Bill Mew, Crisis Team | AWS Summit London 2019
Bill Mew, CEO at Crisis Team, talks with Susannah Streeter & Dave Vellante at AWS Summit London 2019 from ExCeL London, in London, UK.
#AWSSummit #CrisisTeam #theCUBE
https://siliconangle.com/2019/05/14/companies-do-tense-tango-with-new-data-privacy-laws-awssummitlondon-startupoftheweek/
Companies do a tense tango with new data privacy laws
As big data is transforming industries, data analysis is the new competitive advantage in business. But the flip side is that data misuse could land companies in court or put them out of business. Since Europe’s General Data Protection Regulations went live a year ago, businesses have been scrambling to comply without hurting innovation or thinning revenue streams.
Data privacy and security are no longer just some jargon in the fine print that consumers gloss over. In the past year, the issue has jumped to the fore of regular people’s minds, according to Bill Mew (pictured), founder and chief executive officer of The Crisis Team, a digital-era crisis management firm. “Because of a number of the horror stories around data breaches, the No. 1 issue out there is now how their data is handled,” he said.
New government regulations and growing pressure from the public pack a potent punch to companies in the data-refining business. They cannot afford to be lax about data privacy and security anymore. Many are concerned that GDPR’s rules are too staunch. A recent study from the International Association of Privacy Professionals revealed that less than 50% of companies are GDPR compliant. Almost one in five respondents said they felt that full GDPR compliance was impossible. And some tech companies have energetically lobbied against new privacy legislation in California and Washington.
Mew has worked with both privacy campaigners and corporations to strike an agreeable balance between freedom and oversight. “We want meaningful protections, absolutely, because there’s some really sensitive data out there, and the way it is used can affect our lives,” he said. “But at the same time, we don’t want to stifle innovation. We want to maximize the economic and social value. And that’s a really delicate balance.”
Mew spoke with Dave Vellante, host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, and guest host Susannah Streeter during the recent AWS Summit in London. They discussed the new data security and privacy challenges facing businesses (see the full interview with transcript here). (* Disclosure below.)
This week, theCUBE spotlights Bill Mew and The Crisis Team in its Startup of the Week feature.
Lobbyists pick a bone with privacy bills
Plenty have found a bone to pick with governments increasingly prying into private companies’ data centers. “I’ve looked over the GDPR, and to me, it actually looks like a socialist agenda,” said Lillian Pierson, data science trainer and coach at Data-Mania, who spoke with theCUBE in 2017. “It looks like a full assault on free enterprise.”
In fact, it is also “completely and wholly unenforceable,” said Pierson, who holds a juris doctor degree. What makes it difficult to enforce is that it grants jurisdictional rights to the citizen, making the law extraterritorial. To illustrate: If European Union citizen Jacques eats at Bob’s Grill in Idaho and pays with his Visa, Bob’s Grill is now forced to comply with GDPR in handling the customer’s data.
There have been lobbying efforts in the U.S. to push back against new privacy rules modeled after GDPR. The California Consumer Privacy Act now under consideration proposes some of the world’s toughest regulations on what tech companies do with user data. It would require companies to reveal what data they collect; allow users to delete that data and prevent its sale; and also define how data can be used in advertising. And lawmakers in Sacramento have weighed scores of proposed amendments to refine or rewrite parts of the law. The law is under heated debate already. Lobbyists for tech companies want to roll back its reach, and privacy advocates are seeking to extend it.
Washington State’s proposed data-privacy legislation, the Washington Privacy Act, recently collapsed under the weight of dissenting voices. Again, lobbyists for tech companies and privacy zealots were among those who could not agree on terms.
...
Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of the AWS Summit. (* Disclosure: TheCUBE is a paid media partner for the AWS Summit London 2019 event. Neither Amazon Web Services Inc., the sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
