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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Data breached: >35 million people’s data. Publicly disclosed data breaches and cyber attacks: full list This week, we found 5,255,944,117 records known to be compromised, and 128 organisations suffering a newly disclosed incident. 117 of them are known to have had data exfiltrated, exposed or otherwise breached.

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Businesses to Assist NHS Test and Trace Efforts

Hunton Privacy

Establishments and companies in the UK will therefore be responsible for the additional collection and potential sharing of customers’ personal data. Any entity engaging in this kind of data collection will need to comply with the requirements of data protection law.

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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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How to Prepare for the Metaverse

AIIM

Retailers and brands will open virtual stores, launch virtual collections, or host exclusive digital events for their targeted NFT holders. Although the metaverse is still in its infancy, it represents an almost unimaginable source of data , moving into volumes that are difficult to fathom.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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The Internet of Things (IoT): Managing the Data Tsunami

Collibra

But exactly how that data is utilized (and potentially monetised) will differ across sectors. Other organisations could see data gathered by IoT devices become an integral part of their product/service offering. Privacy concerns: more data, more problems? But data governance is a multi-faceted challenge.

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Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Retailers, particularly in the fashion industry, are increasingly embracing circular business models: rental and resale programs offer opportunities for growth, while repair services offer an alternative to landfill disposal. Instead of seeing things as disposable, it encourages the reuse and recycling of products.