Framework To Preserve Privacy And Uphold Performance
A survey has found that 70% of executives in the UK and US are collaborating with other organizations to share first-party data.
Handling data and privacy are the biggest challenges when it comes to IT. It is the responsibility of CIOs to facilitate data collaboration in a way it preserves privacy. David Gilmore, Head of Privacy Technology Solutions, LiveRamp, writes about the framework for evaluating privacy-preserving data infrastructure for collaboration.
Here is what he has written:
Questions and factors to consider in vendor evaluations
Strength of privacy technology: You need to see whether their privacy technology is totally dependent on mathematical definitions or is it just a "Take our word for it?" The legacy approaches are not grounded in theory.
Multi-party support: Will you be able to control your privacy circumstances, or will you have to abide by everybody else's decisions?
Security: Can my data remain within a secure perimeter? Collaborating with others requires that data move outside of my data infrastructure?
Flexibility: Which analytics use cases are supported, and which ones are not?
Speed: Does your technology slow down my analytics, queries, or processing? If so, is the slow down linear (e.g. 10% slower) or exponential (e.g. 100x slower)?
Utility: Are the insights generated by my team using the data available accurate and actionable?
Advanced data infrastructures are built on privacy technology rooted in privacy-enhancing mathematical safeguards and possess tailorable privacy controls. These enable your team to configure permissions and audit usage easily.
Another benefit is you're not required to copy or move data between platforms. This will save you a lot of time from not keeping copying and pasting data and also helps you keep it safe.
The leading-edge solutions support various analytics use cases and tooling and facilitate access to permission data to ensure that analysts can perform their usual tasks and generate accurate, actionable insights.
What Zluri Thinks:
IT leaders shouldn't compromise with their vendors when it comes to data protection and privacy. They should keep the 6 factors mentioned above at the top of their head at all times and weigh each factor equally.
You can read the full article here.