Freedom. We want it in our personal lives, and we want it in our digital lives – especially when it comes to our data.
Today, our data is at a crossroads when it comes to freedom: Who really has control over your data? Where can you share it? How can you manage it confidently and safely? Are you really in control of your data’s destiny?
Data isn’t just an abstract idea. Data is real life written down in numbers and words, stored digitally. And when data is in the wrong hands, it has real life implications. For individuals and organizations alike, the state of security, control, and freedom of their data is in question.
Threats of foreign snooping and nation-state cyber attacks are beginning to stifle the free flow of data and information, constricting the freedom to share information across corporate and international borders. In an effort to protect the data of its citizens, countries rapidly draft heavy regulations with the intention of protecting the personal data of its citizens.
We’ve seen this just this month, when Denmark effectively banned the use of Google services and devices in schools.
Data-sharing regulations are valuable for the sake of national security, but when they are too rigid, they can negatively affect the ability to collaborate and share information. They can also inhibit free trade and economic growth precisely for the regions they stand to protect: The Information Technology & Innovation Foundation predicts that a 1 point increase in a nation’s data restrictiveness cuts its gross trade output 7 percent, slows its productivity 2.9 percent, and hikes downstream prices 1.5 percent over five years.
Finding the balance of freedom in global data sharing is essential, and it’s one of the most important and pressing issues in cybersecurity today.
Data privacy has been a concern for individuals for many years, specifically around companies’ abilities to sell, buy, and leverage data of individuals for profit. Within the United States and beyond, citizens are concerned about exposure of personal data to governments, both foreign and domestic.
Many countries around the world have strong privacy frameworks to safeguard citizens’ data, but the U.S. is not one of them. In fact, Virtru’s CEO, John Ackerly, wrote last fall about his work on a proposed Federal Privacy Bill in 2001 that, in the wake of 9/11, was mothballed.
Ever since then, congress has been attempting to pass a national privacy law. The most recent time was 2019, when bipartisan House Energy and Commerce staff shared a privacy draft bill, and leaders of the Senate Commerce Committee introduced separate measures along partisan lines. But alas, the proposed privacy law, like others before it, failed to advance out of committee. But there is still hope. Just last month congress put forth yet another proposed piece of privacy legislation. Over the years, as congress has struggled to pass a federal privacy law, it’s become cheaper and easier to gather and manage vast volumes of data, driving the need for privacy to new heights.
Many individuals have deep concerns over their right to privacy, and how their data could potentially be used against them. From persistent, large-scale data leaks to nation-state cyber attacks on critical infrastructure, to sweeping and still-unfolding legislative changes resulting from the overturning of Roe v. Wade, people are navigating a complex digital world where a lack of data privacy can have real and lasting impacts on their well-being. With a complex and sprawling ecosystem of apps — many with confusing, contradictory, or unclear data privacy terms — most people don’t have a sense of whether they really have control of their own personal data.
Putting data control back into the hands of the owners requires centering two things: what we’re trying to protect (data) and who we’re trying to empower (the data owner). At Virtru, we and our customers accomplish this through the Trusted Data Format (TDF), an open standard that protects data by wrapping data objects with individualized end-to-end encryption policies.
TDF is designed to protect the data itself, instead of forcing you to rely on an encrypted server, network, or third party to protect it. Here are some key elements of TDF, and how it can put the control of data back into the hands of the owner.
Virtru offers a wide range of enterprise-ready, Zero Trust data protection solutions that you can start using today. But for those who are curious about building security into their own applications, OpenTDF can be a powerful resource.
Virtru’s open source project, OpenTDF, is more than just a method of maintaining control over your data. It is an open standard designed to empower the cyber innovators of our time to create a better, more secure world by putting data security first.
To learn more about how Virtru can give you both control of your data and the freedom to share it, contact our team for a demo today.
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