How often to we blithely click “ACCEPT” on the terms and conditions of a new website or app, hungry to explore the digital domain before us? How often do we happily hand over personal information without a second thought?
In the world of social media, it is claimed that we have come to a grudging acceptance that the utility of platforms like Facebook or Twitter far outweighs the cost to our privacy. But is this true? Is it simply the case that we have not yet experienced the full impact of our decisions? Sure we have advertising. Targeting. Remarketing. Automation and nurturing. And more.
But what happens when our private information is available at a fee. To any buyer?
New app, Swipe Buster now lets you find out if someone is using the dating app Tinder. You could, for example, enter your partner’s details – and for $5 tap the Tinder API to reveal the answer. Of course, you could also use Swipe Buster for more mischievous purposes.
In this world of ever increasing transparency, privacy and cyber security is becoming a hotter and hotter topic. I have said previously that cyber security is now part of your brand – but it goes further than this. HOW you choose to commercialise “your” data can radically impact the lives of your customers.
There is no doubt that “we” are the product being sold across an infinite web of social connections. In aggregate this may not worry us too much. But as more of these kind of platforms emerge, seeking to monetise the vast data in storage, we may well regret our decision to accept those terms and conditions.
And those businesses that have built their valuations on public trust may find them suddenly friendless.