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November 9, 2016 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VYAMYjROjoo/telco-ceo-consumers-have-double-standards-over-data-privacy
Telco CEO: Consumers Have 'Double Standards' Over Data Privacy
An anonymous reader writes: Despite consumers continuing to criticize corporate attempts at monetising data, they are happily handing over data to major tech companies such as Facebook, according to the head of Telefonica Deutschland, Thorsten Dirks. Dirks argued that there is a double standard among consumers who 'scrutinize any attempt to make money off their data', while at the same time 'handing over data voluntarily to companies such as Google and Facebook.' These firms, he opined, are stealing away business across the very infrastructure that telcos have invested billions in. Calling for a wide debate around data privacy in Germany, Dirks said that he was looking into ways to make money from Telefonica Deutschland's huge store of customer data. One proposition was to leverage the anonymised data of its 44 million mobile subscribers' location and movements to support crowd and traffic control.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VYAMYjROjoo/telco-ceo-consumers-have-double-standards-over-data-privacy
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