'Privacy-by-Design' Is Crucial, but Not Easy or Cheap
Posted in: UncategorizedFor many marketers, data privacy and security concerns still take a backseat to bright, shiny advancements in targeting.
That didn’t stop ad-tech firm 4Info from self-imposing a rigorous process to ensure the data it gathers, shares and uses to aim mobile ads at consumers is protected and near-impossible to connect to an individual. In doing so, the company incorporated privacy-by-design, a practice oft-discussed in privacy circles yet new if not unknown to most marketers.
The cost alone is daunting: 4Info said it spends at least 30% more to store data in a way that helps prevent privacy infringements than it would cost if it stowed its data in a less-secure manner. That means spreading data points associated with a specific user ID across several servers located in multiple physical locations so it cannot be compiled easily into one user profile by outside systems or hackers.