The privacy paradox: why do people keep using tech firms that abuse their data? | John Naughton

Despite privacy scandals, Facebook is more profitable than ever – journalists must use the tools of tech to understand why

A dark shadow looms over our networked world. It’s called the “privacy paradox”. The main commercial engine of this world involves erosion of, and intrusions upon, our privacy. Whenever researchers, opinion pollsters and other busybodies ask people if they value their privacy, they invariably respond with a resounding “yes”. The paradox arises from the fact that they nevertheless continue to use the services that undermine their beloved privacy.

If you want confirmation, then look no further than Facebook. In privacy-scandal terms, 2018 was an annus horribilis for the company. Yet the results show that by almost every measure that matters to Wall Street, it has had a bumper year. The number of daily active users everywhere is up; average revenue per user is up 19% on last year, while overall revenue for the last quarter of 2018 is 30.4% up on the same quarter in 2017. In privacy terms, the company should be a pariah. At least some of its users must be aware of this. But it apparently makes no difference to their behaviour.

Related: Secretive hard-Brexit Facebook campaign got 1m responses

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from Data and computer security | The Guardian http://bit.ly/2UYqfre
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The privacy paradox: why do people keep using tech firms that abuse their data? | John Naughton

Despite privacy scandals, Facebook is more profitable than ever – journalists must use the tools of tech to understand why

A dark shadow looms over our networked world. It’s called the “privacy paradox”. The main commercial engine of this world involves erosion of, and intrusions upon, our privacy. Whenever researchers, opinion pollsters and other busybodies ask people if they value their privacy, they invariably respond with a resounding “yes”. The paradox arises from the fact that they nevertheless continue to use the services that undermine their beloved privacy.

If you want confirmation, then look no further than Facebook. In privacy-scandal terms, 2018 was an annus horribilis for the company. Yet the results show that by almost every measure that matters to Wall Street, it has had a bumper year. The number of daily active users everywhere is up; average revenue per user is up 19% on last year, while overall revenue for the last quarter of 2018 is 30.4% up on the same quarter in 2017. In privacy terms, the company should be a pariah. At least some of its users must be aware of this. But it apparently makes no difference to their behaviour.

Related: Secretive hard-Brexit Facebook campaign got 1m responses

Continue reading…

from Data and computer security | The Guardian http://bit.ly/2UYqfre
via IFTTT

German police shut down one of world’s biggest dark web sites

Arrests in Germany, Brazil and US relate to sale of drugs, stolen data and malicious software

German police have shut down one of the world’s largest illegal online markets in the so-called dark web and arrested the three men allegedly running it, prosecutors said on Friday.

The “Wall Street Market” (WSM) site enabled trade in cocaine, heroin, cannabis and amphetamines as well as stolen data, fake documents and malicious software.

Related: Dark web blamed for rise in drugs sent by post from Netherlands

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from Data and computer security | The Guardian http://bit.ly/2vKKn65
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