Ever so often, we are required to provide our personal information - either for public or private goods and services. It could be while trying to buy a new SIM card, or purchasing a new mobile phone. It could even be while trying to apply for a job or after you have been offered a job. In other instances, it could be during the process of announcing the birth of a new child or notifying the coroner over someone's demise. Whatever the instance is, we are trusting someone to protect our personal information.
A study in 2018 found that the personal information of an average subject was worth about 240 U.S. dollars. With over 2.6 billion users on Facebook alone, the cost of personal data on the social microblogging is about 642 billion U.S. dollars. This makes the sale of personal data quite lucrative, doesn't it?
So, what happens when those you've trusted to protect your personal information breach that trust?
On this episode of Privacy Notes, we will discuss the current privacy rights laws in a bid to help you appreciate it better. We'll also have a conversation about the current laws on Personal Data protection.
 
Michael Sile and Urenna Ukonne of TaxTech have more