As organizations increasingly seek to exploit data, both for internal use and for sharing with partners in digital ecosystems, they face more laws mandating stronger consumer privacy protections. Unfortunately, traditional approaches to safeguarding confidential information can fail spectacularly, exposing organizations to litigation, regulatory penalties, and reputational risk.
Since the 1920s, statisticians have developed a variety of methods to protect the identities and sensitive details of individuals whose information is collected. But recent experience has shown that even when names, Social Security numbers, and other identifiers are removed, a skilled hacker can take the redacted records, combine them with publicly available information, and reidentify individual records or reveal sensitive information, such as the travel patterns of celebrities or government officials.
The problem, computer scientists have discovered, is that the more information an organization releases, the more likely it is that personally identifiable information can be uncovered, no matter how well those details are protected. It turns out that protecting privacy and publishing accurate and useful data are inherently in opposition.
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Denne historien er fra Summer 2022-utgaven av MIT Sloan Management Review.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Avoiding Harm in Technology Innovation
To capitalize on emerging technologies while mitigating unanticipated consequences, innovation managers need to establish a systematic review process.
Make a Stronger Business Case for Sustainability
When greener products and processes add costs, managers can shift other levers to maintain profitability.
How to Turn Professional Services Into Products
Product-based business models can help services firms achieve greater scale and profitability. But the transformation can be challenging.
Do You Really Need a Chief AI Officer?
The right answer depends on the strategic importance and maturity of AI in your company.
Where To Next? Opportunity on the Edge
Doing business in regions considered less stable or developed can pay off for companies. But they must invest in working with local communities.
Make Smarter Investments in Resilient Supply Chains
Many companies invest in resilience only after a disruption. Applying the concept of real options can help decision makers fortify supply chain capabilities no matter the crisis.
The Three Traps That Stymie Reinvention
Organizational identity, architecture, and collaboration can be either assets or liabilities to pursuing growth in new sectors.
What Makes Companies Do the Right Thing?
Vaccine makers varied widely in their engagement with global public health efforts to broaden access to COVID-19 immunizations. Ethically motivated leadership was a dominant factor.
Build the Right C-Suite Team for Your Strategy
CEOs can foster a more effective leadership team by understanding when to tap senior executives' competitive instincts and when to encourage collaboration.
A Better Way to Unlock Innovation and Drive Change
A strengths-based approach to building teams can win employee commitment to change and foster an inclusive, agile culture.