Research: A Strong Privacy Policy Can Save Your Company Millions; Harvard Business Review, February 15, 2018

Kelly D. Martin and 

Abhishek Borah and 

Robert W. Palmatier, 

Harvard Business Review; Research: A Strong Privacy Policy Can Save Your Company Millions

"Our research shows that data breaches sometimes harm a firm’s close rivals (due to spillover effects), but sometimes help them (due to competitive effects). What is more, we found that a good corporate privacy policy can shield firms from the financial harm posed by a data breach — by offering customers transparency and control over their personal information — while a flawed policy can exacerbate the problems caused by a breach. Together, this evidence is the first to show that a firm’s close rivals are directly, financially affected by its data breach and also to offer actionable solutions that could save some companies hundreds of millions of dollars.

Our research shows that sometimes a breach creates spillover, where investors perceive a guilt-by-association effect that harms the breached firm’s close rivals."

The Internet Of Things Is Becoming More Difficult To Escape; NPR, All Tech Considered, June 6, 2017

Christianna Silva, NPR, All Tech Considered; The Internet Of Things Is Becoming More Difficult To Escape

"The Internet of things will continue to spread between now and 2026, until human and machine connectivity becomes ubiquitous and unavoidably present, according to experts who participated in what Pew described as a "nonscientific canvassing."...

Unplugging is futile, and plugging in is unavoidable.

It's already difficult to create distance from the technology that surrounds us, but as connectivity increases, it might become impossible to do so.

Marti Hearst, a professor at the University of California, Berkeley, says just that.

"People's businesses, homes, cars and even their clothing will be monitoring their every move, and potentially even their thoughts," she says. "Connected cities will track where and when people walk, initially to light their way, but eventually to monitor what they do and say. The walls of businesses will have tiny sensors embedded in them, initially to monitor for toxins and earthquakes, and eventually to monitor for intruders and company secrets being shared. People currently strap monitors on their bodies to tell them how many steps they take. Eventually, all fluids in and out of bodies will be monitored and recorded. Opting out will be out of the ordinary and hugely inconvenient, just as not carrying a mobile device and not using a fast pass on the highway are today."...

Amy Webb, futurist and CEO at the Future Today Institute, writes: "Technology can be like junk food. We'll consume it, even when we know it's bad for us. There is no silver bullet. The only way to effectively prevent against malware and data breaches is to stay continually vigilant. To borrow an analogy from 'Game of Thrones,' we need a 'Night's Watch' for security. Because when it comes to the Internet of Things and data breaches, 'winter is coming.' Organizations must hire enough knowledgeable staff to monitor and adjust systems, and to empower them to keep pace with hackers. IT and security staff must be willing to educate themselves, to admit when they need help and to demand that executives make decisions proactively."