Who Owns Your Personal Data

James Felton Keith, Founder of International Personal Data Trade Association (IPDTA) and Board Member, Democratic National Committee, participates in Risk Roundup to discuss “Personal Data Ownership”.

 

Overview

Technology driven ability to track human “data” is driving a fundamental transformation. The rise in “tracking technology” has not only made “data” collection possible, it has also made possible qualification and quantification of “data”, that individuals and entities across nations: its government, industries, organizations and academia (NGIOA), never could imagine was possible so far.

From measuring simple human bodily measures and procedures such as heart rate, weight, exercise routine, eating habits, sleeping patterns to monitoring and managing bank accounts, credit card accounts to healthcare accounts and retirement accounts; individuals and entities across NGIOA can now quantify, evaluate and understand what matters to them.

The “data” that is generated through human use of “tracking technology” that is part of smartphones, smart watches, smart appliances, smart cars and more, is on its way to give rise to a whole new “personal information economy”. This is a whole new “data driven economy” that gives each one of us an ability to take decisions based on clear and measurable “data”.

It is important to understand and evaluate:

  • What is this “personal information economy”?
  • What is “personal information”?
  • What is personal data?
  • Why is there a growing debate around it?

As more individuals and entities across nations: its government, industries, organizations and academia (NGIOA) go digital, activities and actions about human lives and about entities from across NGIOA increasingly goes online. Thus, the volume of data individuals and entities across NGIOA actively or passively generate is exploding.

It is important to understand and evaluate:

  • What data individuals and entities across NGIOA are generating?
  • What tracking devices are generating the data about individuals and entities across NGIOA?
  • Where is, the data going?
  • Who owns all that data?

Digital Data ownership is rapidly becoming a cause of concern and a critical security risk. At the heart of this debate is a simple question whether we can control what data any entity/ company/business collects about individuals online, and what it uses this data for.

When the tracking devices that we use know about our individual behavior: what motivates us, what mood we have and when, what triggers changes in our mood, what causes stress, what behavior changes we go through when we are stressed, where do we travel, when and how, who do we meet and who influences us and so on, this is a cause of great concern.

Time is now to talk about Data Ownership Risks!


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About the Guest

James Felton Keith is the Founder of International Personal Data Trade Association (IPDTA). James is also the Board Member of Democratic National Committee.

An award-winning engineer, economist, ethnography, and human rights leader; James Felton Keith, has dedicated his life’s work to economic inclusion through building systems that enable individuals to own more of their seemingly intrinsic value. Trained as an engineer and economist, he specializes in the ethnography (cultural study) of technology, in efforts to derive solutions to problems in enterprise and policy.

Formerly known as “Personal Data Project”, the IPDTA is the first non-government to define Personal Data, and to advocate for individual ownership of the oldest asset class.

About the Host of Risk Roundup
Jayshree Pandya (née Bhatt) is a visionary leader, who is working passionately with imagination, insight and boldness to achieve “Global Peace through Risk Management”. It is her strong belief that collaboration between and across nations: its government, industries, organizations and academia (NGIOA) will be mutually beneficial to all—for not only in the identification and understanding of critical risks facing one nation, but also for managing the interconnected and interdependent risks facing all nations. She calls on nations to build a shared sense of identity and purpose, for how the NGIOA framework is structured will determine the survival and success of nations in the digital global age. She sees the big picture, thinks strategically and works with the power of intentionality and alignment for a higher purpose—for her eyes are not just on the near at hand but on the future of humanity!
At Risk Group, Jayshree is defining the language of risks and currently developing thought leadership, researching needed practices, tools, framework and systems to manage the “strategic and shared risks” facing nations in a “Global Age”. She believes that cyberspace cannot be secured if NGIOA works in silo within and across its geographical boundaries. As cyber-security requires an integrated NGIOA approach with a common language, she has recently launched “cyber-security risk research center” that will merge the boundaries of “geo-security, cyber-security and space-security”.
Previously, she launched and managed “Risk Management Matters”, an online risk journal and one of the first risk publications, publishing “Industry Risk Reports of Biotechnology, Energy, Healthcare, Nanotechnology, and Natural Disasters” over the course of five years. Jayshree’s inaugural book, “The Global Age: NGIOA @ Risk”, was published by Springer in 2012.

About Risk Roundup

“Risk Roundup” is an “integrated strategic security risk dialogue” for nations: its government,  industries, organizations and academia (NGIOA) in cyberspace, geospace and space (CGS).Risk Roundup is released in both audio (Podcast) and video (Webcast) format and is available for subscription at (Risk Group WebsiteiTunesGoogle PlayStitcher RadioAndroid, and Risk Group Professional Social Media).

About Risk Group
Risk Group believes that risk management, security and peace walk together hand in hand. Though security is related to management of threats and peace to the management of conflict, risk management is related to management of security vulnerabilities as well as management of conflict, and it is not possible to conceive any one of the three without the existence of the other two. All three concepts feed into each other. Risk Group believes that the security we build for ourselves is precarious and uncertain until it is secured for everyone across nations. Tradition becomes our security-so if we build a culture of managing risks effectively it will lead us to security and security will lead us to peace!

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