Privacy & Security Issues - G-4

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PRIVACY AND

SECURITY ISSUES
Navigating Risks in the Digital Age

GROUP-4
WHAT IS PRIVACY AND
SECURITY?

• Privacy involves your right to manage your personal


information, while security is the protection of this
information.
KEY ISSUES OR CHALLENGES RELATED
TO PRIVACY AND SECURITY
OVERVIEW
ONLINE IDENTITY THEFT
DATA MINING
THIRD-PARTY DATA SHARING
DATA BREACHES
PISHING ATTACKS
MALWARE AND RANSOMWARE
DATA MISUSE OF COMPANIES
ONLINE IDENTITY THEFT

Identity theft occurs when criminals steal a victim's


personal information to commit criminal acts.
Using this stolen information, a criminal takes over the
victim's identity and conducts a range of fraudulent
activities in their name.
DATA MINING
Data is the bread and butter of social media
platforms. They do everything based on your
information – tailor their services, serve ads, analyze
the market, build business models, etc. Some data
you’ve given to them is personal, like your name, email
addresses, date of birth, or where you live.
THIRD PARTY DATA
SHARING
Third-party data sharing is the transfer of data from an
original receiver to another entity. This other entity
often does not have a direct relationship with
customers who own the data collected. This process
starts with two entities agreeing to share customer
data.
DATA BREACHES
Data breaches or data leaks can be far more than
a temporary terror — they may change the course
of your life. Businesses, governments, and
individuals alike can experience huge
complications from having sensitive information
exposed.
PISHING ATTACKS
phishing attack - “Phishing” refers to an attempt to steal sensitive
information, typically in the form of usernames, passwords, credit
card numbers, bank account information or other important data in
order to utilize or sell the stolen information. By masquerading as a
reputable source with an enticing request, an attacker lures in the
victim in order to trick them, similarly to how a fisherman uses bait
to catch a fish.
MALWARE

MALWARE - Malware, or “malicious software,” is an


umbrella term that describes any malicious program or code
that is harmful to systems.
RANSOMWARE
Ransomware is a type of malware that prevents or limits users
from accessing their system, either by locking the system's screen
or by locking the users' files until a ransom is paid. More modern
ransomware families, collectively categorized as
cryptoransomware, encrypt certain file types on infected systems
and force users to pay the ransom through certain online payment
methods to get a decryption key.
DATA MISUSE OF
COMPANIES

Data misuse occurs when individuals or organizations use personal


data beyond those stated intentions. Often, data misuse isn’t the
result of direct company action but rather the missteps of an
individual or even a third-party partner.
RELEVANT FACTS OR STATISTICS
ABOUT PRIVACY AND SECURITY
79% of Americans are concerned about how companies use their data, with 48%
stopping purchases due to privacy issues.

75% of Americans support stronger regulations to protect their personal data


from companies collecting it without consent.

Globally, 47% of adults have cut ties with companies over privacy concerns.

94% of businesses recognize that protecting consumer privacy is essential for


building customer trust.
THE IMPACT OR IMPLICATION
OF THE ISSUES

• Personal Safety • Financial Impact


• Reputation Damage • Legal Consequences
• Social Trust • Psychological Impact
PERSONAL SAFETY

An individual's ability to go about their


everyday life free from the threat or fear of
psychological, emotional or physical harm
from others.
INADEQUATE PRIVACY

This can lead to forms of


harrasment.
PERSONAL DATA
BREACHES

A breach of security leading to the


accidental or unlawful destruction, loss,
alteration, unauthorised disclosure of, or
access to, personal data.

FINANCIAL IMPACT

Security breaches can result in financial losses


for individuals and organizations. This includes
direct theft of funds and the costs associated
with recovering from such incidents.
REPUTATION DAMAGE

For businesses and public figures, breaches of


privacy can damage reputations, erode trust,
and impact relationships with customers and
stakeholders,
LEGAL CONSEQUENCES

It is the result of an action that directly or


indirectly affects substantive legal rights or
obligations
SOCIAL TRUST

Social trust is a belief in the honesty,


integrity and reliability of others.
PSYCHOLOGICAL IMPACT

It refers to any factor impacting or arising in


the mind related to the mental and emotional
state of a person.
REFERENCES
Privacy vs. Security: Exploring the Differences & Relationship- https://www.okta.com/identity-101/privacy-
vs-security/

Camile J.- 8 Online Scams To Be Aware of in the Philippines- https://www.wazile.com/blog/online-scams-to-


be-aware-of-in-the-philippines/

Terranova Security- What is Identity Theft?- https://www.terranovasecurity.com/solutions/security-


awareness-training/what-is-identity-theft

What are the most common social media privacy issues?- https://nordvpn.com/blog/social-media-privacy-
issues

Zendata. (2022, May 3). What are the Risks associated with Third-Party Data Sharing? Zendata.dev;
Zendata. https://www.zendata.dev/post/what-are-the-risks-associated-with-third-party-data-sharing?
fbclid=IwY2xjawFXgIpleHRuA2FlbQIxMAABHZtw2Xtd-
XRxHLgOvVSKqwXehBlylpk2pPxFMQGsVFLaqpXQ2JV_O0Cd3Q_aem_AzH66rPrjyoqx2v8svuHjQ
REFERENCES
Kaspersky. (2020, October 7). What is a Data Breach & How to Prevent Data Leaks. /.
https://www.kaspersky.com/resource-center/definitions/data-breach?
fbclid=IwY2xjawFXg8RleHRuA2FlbQIxMAABHUd5RXZ-
d1caUkPFET8g9WEH5LrAM9TnnxvlHsvEwqFXnoRNDQIFgxT89Q_aem_qS_4kLWhBmdnTyc2uHirkw

Pishing Attacks- https://www.cloudflare.com/learning/access-management/phishing-attack/?


fbclid=IwY2xjawFXhflleHRuA2FlbQIxMAABHcO7SMx0R4isiLdlQf741y5hLdD1BUyGysZ6IYCdIqExWFPKcwl3ukrR1
A_aem_PLZOO0k3FfaXwCFHU5L_6Q

Malware- https://www.malwarebytes.com/malware?fbclid=IwY2xjawFXh8RleHRuA2FlbQIxMAABHdzII-
l5MUj8Nal_-JO2op-
tZaCgJ7vV6V2_jNO3N230bFjPCNkPvNlR_Q_aem_YIUpLudDx10FiFhUqLGS7A#:~:text=Malware%2C%20or%20
malicious%20software%2C%20is,MALWARE%20SCAN%20FOR%20ALL%20DEVICES

Personal Safety- https://safercommunities.wales/anti-social-behaviour-disorder/personal-


safety/#:~:text=Personal%20safety%20is%20defined%20as,physical%20harm%20from%20others.%E2%80%9D
%20(
REFERENCES
Personal Data breaches- https://ico.org.uk/for-organisations/report-a-breach/personal-data-
breach/personal-data-breaches-a-
guide/#:~:text=all%20notifiable%20breaches%3F-,What%20is%20a%20personal%20data%20breach
%3F,or%20access%20to%2C%20perso
nal%20data.

https://www.zendesk.com/blog/customer-
trust/https://journals.sagepub.com/doi/10.1509/jm.15.0497https://www.mckinsey.com/capabilities/ri
sk-and-resilience/our-insights/the-consumer-data-opportunity-and-the-privacy-imperativ

https://www.pewresearch.org/internet/2019/11/15/americans-and-privacy-concerned-confused-
and-feeling-lack-of-control-over-their-personal-information/

Legal Consequences- https://www.lawinsider.com/dictionary/legal-


consequence#:~:text=Legal%20consequence%20means%20the%20result,substantive%20legal%20ri
ghts%20or%20obligations
REFERENCES
Social Trust- https://www.pewresearch.org/social-trends/2007/02/22/americans-and-social-trust-
who-where-and-
why/#:~:text=Social%20trust%20is%20a%20belief,out%20who%20trusts%2C%20or%20why

Psycholigical Impact- https://www.igi-global.com/dictionary/psychological-


impact/84759#:~:text=Refer%20to%20any%20factor%20impacting,emotional%20state%20of%20a%
20person
THANK YOU FOR
LISTENING!
PRESENTATION OF GROUP 4

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