Personal Data Market is Flawed - PDATA Tackle's This Flaws
Data Market: A Limited Market The data brokerage market is a multi billion dollars one. Zettabytes of data are exchanged yearly between the brokers and the customers (companies and industries). The data market is nevertheless flawed. Companies pay highly for data but more often than not, the acquired data seldom have the required effect on the upturn of revenues or maximizing profit. Why does this happen? Online Spying The answer lies in the data gathering process. Data brokers often acquire personal data through back doors and online spying on consumers and this may have proven to work in the past but recently people have become more aware of their security and take necessary measures to protect their personal data or provide false information when browsing the Internet or during similar activities. This result in users giving off false and incomplete or inconsistent data, the brokers gather these data anyway and still sell for the same value. Photo by bruce mars from...