Data privacy (also known as information privacy or data protection) refers to the legal right of the data subject to access, use, and collection of data. For the development of a digital economy, privacy protection and identity management are critical. The current regulatory framework's efficiency has been called into consideration from a legal standpoint. In both industry and academia, big data has become a hot issue for research. This chapter presents a succinct but comprehensive examination of data security and privacy issues at all phases of the data life cycle. The chapter then goes over some of the current solutions. Finally, this chapter discusses future research projects related to data security and privacy protection. It further explores other facets of the privacy problem that turn out to be critical for the broad adoption of privacy-enhancing technology, giving a more holistic picture of the situation.
TopIntroduction
Viewing privacy through the lens of ethics can assist businesses in developing and improving their code of conduct. By considering privacy from an ethical standpoint and developing a code of conduct, all employees in an organization, not just security personnel, are held accountable for safeguarding sensitive information. Technology has drastically expanded not only the amount of personal data collected, but also the ability to store, process, and distribute that data. Cloud computing and social networks have accelerated the capture, sharing, and processing of personal data, resulting in a number of privacy breaches. As a result, privacy, broadly defined as the right to be left alone, is becoming an increasingly common worry. Due to socio-techno risk, a new security problem, data privacy protection is complicated. This danger arises from the misuse of data storage and processing technology. Using technology in a way that violates ethical values causes ethical risk, which is a new category of risk. When contemplating the potential breach of business and personal confidentiality, the ethical risk (in addition to the technological and financial risks) arises. This danger is tied to both technology and people, making it a technological-cum-social risk, or a socio-techno risk. People are the benefactors of Internet technology in the era of big data. For Internet service providers, data has a high financial value, but its analysis and use will be more sophisticated and difficult to govern, putting personal privacy at risk. People leave a lot of data footprints on the Internet every day, thanks to the rapid expansion of the Internet. This allows criminals to acquire information on the Internet and then use it for illicit purposes such as reselling, fraud, and so on, not only for people. Life has brought difficulties and financial losses, wreaking havoc on social stability and harmony. How to deal with security and privacy issues in the context of big data is an essential necessity for people to have a decent answer in the era of big data.
The goal of this contribution is to illustrate the most pressing legal concerns in the domain of privacy and identity management, expanding on prior research and taking socioeconomic and technical advancements into account.
Two avenues for legal action in this area are proposed in the following sections. A primary field concerns the legal and other sorts of regulatory options, namely, how to identify the correct blend of different types of regulatory instruments and processes to assure genuine impact on practises.
The second area of possible legal action is the relationship between regulation and technological advancements. We propose four possible streams:
- 1)
how to avoid and monitor the development of privacy-degrading technologies and application fields,
- 2)
regulatory concerns relating to the use of privacy-enhancing technology, and
- 3)
legislation relating to the administration and use of (many) identities.
It is important to note that one of the key 'transversal' tasks of legal professionals in all future advancements is to ensure that privacy and identity management technologies are properly regulated. Many research and papers have concluded that technology and regulation have no or little mutual impact on their respective developments, and that solutions to bridge the gap between technology and regulation should be devised. To avoid a situation where technology rules de facto the processing of personal data, initiatives from both the legal and technological sides should be implemented, with reciprocal participation. Information is transmitted at a breakneck speed in the age of big data. The usage of data information is not of high value and data is reduced at the same time as information is transmitted owing to insufficient supervision of data information, lack of technological support, an inefficient supervisory system, and the vulnerability of information loss. Individuals, businesses, and even society will suffer several unfavourable and negative consequences because of the value of itself, resulting in higher economic losses.