Data privacy has become more essential than ever before, thanks to the increasing presence of technology in every aspect of our lives. You definitely can’t recall how much information you’ve shared online, so it’s important to guard all that data. Data breaches, cybercrime, and identity theft can be avoided when data is well protected. This article is about the recent trends in the data privacy area.
New AI Regulatory Laws
In 2024, there is practically no industry that doesn’t use AI. As the landscape of AI evolves, it’s important to watch out for threats to data privacy. This implies that individuals can object to automated AI decisions.
The US AI Executive Order seeks to ensure the ethical and safe use of AI. This ensures that organizations don’t use AI to ‘steal’ users’ data or carry out any form of cybercrime.
Better Data Portability
Data portability is the ability to move datasets from one platform to another without any change in their content. This is an issue for large businesses as they transfer data between cloud service providers.
This pressure has raised the need for data protection frameworks and privacy regulations; as Web 3.0 becomes more prevalent, data portability will become the standard. This means that no organization will have complete control over your data.
As data privacy concerns rise, more companies will begin to offer data privacy as a service. This means more businesses will offer privacy solutions with more specialized programs, expanding the privacy-as-a-service sector.
Individuals may have to pay some extra fees for ‘extra privacy’ on some companies’ websites. However, this extra privacy will benefit service providers, sellers, and buyers.
Enhancing Privacy with ML and AI
Safeguarding consumer privacy can be made easier by incorporating the use of artificial language (AI) and machine learning (ML). As long as there are strategies to regulate AI usage, it can be used to impact data privacy.
ML makes it easy for governments to discover potential data breaches by identifying patterns and helping them take preventive action. AI-powered data privacy will also enhance the discovery of cyber threats well on time.
Prioritizing like never before
Saying that people are becoming more aware of data-safeguarding measures would be an understatement. Unlike several years before when people didn’t have any idea of how their data was used, it’s becoming a priority these days.
As 2024 advances, people will continue to aim for transparency when it comes to the usage of their data. Customers will stop to check for data-sharing policies before supplying their personal information online.