Data Privacy
The Bottom Line
BBC
4.6 • 606 Ratings
🗓️ 18 February 2016
⏱️ 28 minutes
🧾️ Download transcript
Summary
When you enter personal details onto any website or smartphone app, what happens to it? Where does it get stored, who owns it and who has access to it? These questions are becoming more relevant to ask as we put more details about every facet of our lives onto the internet. With a new piece of legislation passed in the EU dealing with this precise issue, businesses need to be up to speed with their knowledge on effective privacy management
Evan Davis and guests discuss why personal data is so valuable to business, and how the individual can also benefit from sharing this information.
Guests:
Mike Gordon, CEO, Callcredit Information Group
Liz Brandt, CEO, Ctrl Shift
Eduardo Ustaran, Data Privacy expert and Partner, Hogan Lovells.
Transcript
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| 0:00.0 | I'm Evan Davis. Thank you for downloading this program. In this edition of the bottom line, |
| 0:04.8 | we're discussing how businesses and individuals benefit from information generated through personal data. |
| 0:11.3 | Hello and welcome to the program. We're on a topic today that we just cannot keep away from |
| 0:16.3 | when we think about modern business. data, its use and its abuse. |
| 0:21.6 | I sense that data management, which is getting to be a sophisticated and huge activity, |
| 0:26.6 | is still in some ways in its infancy. |
| 0:29.6 | Business and consumers all fumbling to discover what works and what doesn't, |
| 0:33.6 | to find out who owns what, how they can use it, how they're allowed to use it, |
| 0:38.7 | and how to stop them misusing it. |
| 0:41.6 | My guests today are deeply rooted in the data economy, |
| 0:45.0 | having either built businesses around or advised others on how to benefit from information |
| 0:49.2 | generated through personal data. |
| 0:51.8 | So let's take a few minutes to meet each of them. And my first guest is Mike Gordon, |
| 0:56.2 | chief executive at Call Credit, which is one of the big three credit reference agencies in the UK. |
| 1:03.2 | For those who don't know much about this sector, Mike, just set out the credit reference agency sector and the big players. |
| 1:10.0 | There are three of us in the industry here. |
| 1:12.3 | It's ourselves, Call Credit, Experian, and Equifax. |
| 1:15.6 | Call Credit is the British Bureau. |
| 1:17.6 | The other two are American-owned. |
| 1:19.1 | We basically are the interchange of data to make sure that lending decisions can be made |
| 1:25.6 | quickly and easily because we will provide the data on individuals |
| 1:29.5 | back to those companies. |
... |
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