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Wednesday, 17 May 2023 / Published in Global Themes and Feature Topics, Industries, Information Technology

Implementation of Privacy-enhancing computation, PEC in smart technology

The advancement of technology has introduced smart technology with the vision of creating a better world for living. Fundamentally, the term ‘smart’ in smart technology originates from the acronym ‘Self-Monitoring, Analysis and Reporting Technology,’ as defined by netlingo. Now, the term has become a trademark for innovations – from vehicles, devices, and applications that possess the ability to function and complete tasks by understanding behaviors and patterns. The implementation of smart technologies is expanding, offering convenience and improved experiences. However, these advantages are accompanied by a crucial concern: data privacy. This post discusses the implementation of privacy-enhancing computation or PEC in smart technology to alleviate data privacy concerns.

Smart technology relies on the core applications of IoT devices and artificial intelligence (AI), which have gained significant attention as potential sources of data privacy concerns.

IoT devices that are capable of collecting and sharing data often raise privacy concerns due to the vast amount of personal information they can gather. These devices include smart thermostats, voice assistants, fitness trackers, and home security systems, which continuously monitor and transmit data about users’ activities, habits, and physical environments. The potential for unauthorized access or mishandling of data is a legitimate privacy concern among users.

Similarly, artificial intelligence plays a crucial role in smart technology by enabling devices and systems to analyze large amounts of data, make autonomous decisions, and provide personalized experiences. However, the reliance on AI also lead to concerns about reliability and trustworthiness of an AI system, where the way data is processed become questionable as AI algorithms need access to substantial amounts of personal data to train and improve their predictive capabilities. The potential misuse or unauthorized access to this data remains a valid concern.

The integration of smart technology into various innovations amplifies the existing data privacy issue. Smartwatches, smartphones, and smart vehicles, which store an abundance amount of sensitive data, make their users highly vulnerable to data privacy violations. Such violations can have numerous negative impacts on individuals’ reputations, financial well-being, and intellectual property rights.

In response to the growing concern, the implementation of privacy-enhancing computation (PEC) has emerged as a crucial solution. PEC combines a range of privacy-enhancing techniques and technologies designed to enable data  processing and analyzing through the principle of exposing only what is needed to safeguard individuals’ privacy. By implementing PEC methods, smart technology can strike a balance between providing valuable services and preserving users’ privacy rights. These methods include techniques such as multi-party computation, differential privacy, zero knowledge proofs  and homomorphic encryption, which help protect personal data throughout its lifecycle.

One of the main reasons causing data privacy concerns in smart technology is the negligence of privacy considerations during the design stage. The implementation of PEC in smart technology, which is emphasized throughout the entire engineering process, helps address data privacy concerns and ensures the security of individuals’ sensitive data. This enables users to leverage the benefits of smart technology while maintaining control over their personal information.

Definitely, it is important to remember that the implementation of PEC alone is not sufficient in ensuring comprehensive data governance. Governments, regulatory bodies, and technology companies also play vital roles in enforcing privacy regulations and promoting responsible data handling practices to safeguard individuals’ privacy in the era of smart technology.

E-SPIN Group is a leading provider of enterprise ICT solutions and value-added services. We specialize in providing customized end-to-end solutions that meet the specific needs and requirements of our clients. Our services include consultancy, supply, integration, project management, training, and maintenance, all of which are designed to help organizations achieve their regulatory compliance goals and improve operational efficiency and effectiveness.

Whether you need a customized solution for your entire organization or a point solution for a specific area of your business, E-SPIN Group has the expertise and experience to help. Contact us today to learn more about how we can assist with your organization’s needs and requirements.

Other post you may be interested in:

  1. Emergence of Privacy-Enhancing Computation: Enhancing Data Privacy and Security
  2. Preserving data privacy: What are the Benefits of PEC?
  3. Enabling data governance: Technologies in Privacy-Enhancing Computation
  4. AI Governance Framework for better AI adoption and Protection against AI risk
  5. The role of Privacy-Enhancing Computation as data privacy solutions in ensuring privacy in Online Platforms

 

Tagged under: Artificial Intelligence (AI), Privacy Enhancing Technologies (PETs), Privacy-enhancing Computation (PEC), smart devices, smart product

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