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Smart Data Governance
The increased integration of smart data technologies in companies’ networks increases productivity, helps to avoid costs and creates completely new business models, but also brings with it new security and data protection threats and challenges which conventional mechanisms cannot meet. Unwanted intrusions, such as data espionage or data manipulation, as well as IT infrastructure attacks carried out by external perpetrators must be prevented – to protect companies themselfs, but also for the sake of data protection in the interest of customers and business contacts.
Also legal IT regulations and even more their lawfull implementation need further clarification. Nevertheless, legal compliance is absolutely essential to ensure that smart data innovations developed by the individual projects can be put into practice without difficulties.
Digitalization creates many opportunities for businesses and consumers but at the same time they generate challenges that need to be addressed. IT security issues, such as cyber-attacks, identity and personal data thefts pose a big concern to many. In case companies they neglect security measures, they easily become targets of hackers who either want to obtain that information or to compromise a company’s system.
The constant development of digital technologies brings along legal and ethical concerns. A collective dialogue that brings together members of the civil society, academia, ethic commissions, lawyers and politicians is needed in order to identify a unified code of conduct for problems like autonomous driving, humanoid robots, drones or face recognition systems.
The concept of data sovereignty is coined differently by various actors. It emphasizes the possibility of data collection and processing to a greater extent, while promising better control over data usage. Discussed problems, however, go far beyond data availability. The discourse is uneven and complex, and there are numerous overlaps with other topics.