121–130 of 163 posts
Earlier quoted context omitted.
It's my data, why should they pay a tax to the government for it? How about a data royalty. You use my data, you must pay me a royalty.
"It's my data" - this is absurd. Observations I make are mine, if I observe you it's my observation. I can tell stories about my observations, but if I make public statements about you that are false, that's a tort.
Earlier quoted context omitted.
FYI, 120 million American households is only a few percent off from the being all American households. That part at least is fair.
Huh, apparently there are about 125 million households in the US. I didn't realize it was that close.
Personal data right now is considered an asset. It needs to be seen as a liability. Maybe the solution is a data tax. You pay a set amount every year for every piece of personal data you have. If you buy personal data from another company, you still have to pay the tax for the data you acquired. If you have a breach of data, your tax goes up for a period of 10 years. In addition, every piece of personal data needs to…
Earlier quoted context omitted.
| 2. Databases mapping all American households exist. And they can be pretty comprehensive. Short anecdote but the last time I moved, and before I had updated any address information on my accounts/ID, the first piece of non-forwarded mail I received addressed to me was a credit card offer from AMEX. I still have absolutely no clue how they knew where exactly to send it to me.
I'm assuming a lot here but there is always the chance that your door-to-door post man or woman went to deliver any generic piece of mail to your old address only to find out you no longer lived there. I'm fairly sure there is a mechanism in place where a post man or post office can set a recipient as "moved" or "moving" to let the entire postal system know that until that recipients new address is figured out that n…
Personal data right now is considered an asset. It needs to be seen as a liability. Maybe the solution is a data tax. You pay a set amount every year for every piece of personal data you have. If you buy personal data from another company, you still have to pay the tax for the data you acquired. If you have a breach of data, your tax goes up for a period of 10 years. In addition, every piece of personal data needs to…
Personal data right now is considered an asset. It needs to be seen as a liability. Maybe the solution is a data tax. You pay a set amount every year for every piece of personal data you have. If you buy personal data from another company, you still have to pay the tax for the data you acquired. If you have a breach of data, your tax goes up for a period of 10 years. In addition, every piece of personal data needs to…
Personal data right now is considered an asset. It needs to be seen as a liability. Maybe the solution is a data tax. You pay a set amount every year for every piece of personal data you have. If you buy personal data from another company, you still have to pay the tax for the data you acquired. If you have a breach of data, your tax goes up for a period of 10 years. In addition, every piece of personal data needs to…
[0] https://www.schneier.com/blog/archives/2016/03/data_is_a_tox...
Where goes this data? Who will use this information?
Earlier quoted context omitted.
If it doesn't need to be insured, you could just spin off a smaller entity responsible for holding the data for you, and shut the company down if the data leaks. You can do the same if insurance is required of course, but any brand new 'personal data holding' company would likely have very high insurance premiums to offset the risk.
Its fairly common in the temp employee industry that if a temp worker gets injured the temp agency folds and restarts to avoid the penalties. It would be nice to require insurance or a bond to hold personal data so a company can't just disappear when data is lost. [0]: http://projects.thestar.com/temp-employment-agencies/
This is exactly what I mean when I say that, if you want to see real corruption, just take a look at regular small businesses around you.
Personal data right now is considered an asset. It needs to be seen as a liability. Maybe the solution is a data tax. You pay a set amount every year for every piece of personal data you have. If you buy personal data from another company, you still have to pay the tax for the data you acquired. If you have a breach of data, your tax goes up for a period of 10 years. In addition, every piece of personal data needs to…
Instead of a data tax, I like the idea of mandatory data insurance, with payouts to users whose data is leaked/stolen. If your company has shitty security, or a history of leaks, your data insurance provider will charge out the ass. The financial math has to clearly be on the side of it being more profitable to practice proactive security.