{"id":1661,"date":"2019-08-04T19:13:35","date_gmt":"2019-08-04T18:13:35","guid":{"rendered":"https:\/\/www.theofficialboard.com\/best-articles\/?p=1661"},"modified":"2019-11-01T13:51:24","modified_gmt":"2019-11-01T12:51:24","slug":"its-time-to-fight-back-for-data-sovereignty","status":"publish","type":"post","link":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-07\/its-time-to-fight-back-for-data-sovereignty\/","title":{"rendered":"It\u2019s time to fight back for data sovereignty"},"content":{"rendered":"\n<p style=\"text-align:center\"><a href=\"https:\/\/www.forbes.com\/sites\/cognitiveworld\/2019\/07\/21\/its-time-to-fight-back-for-data-sovereignty\/#71a7c6ac1ccc\"><em>Viewed in Forbes.<\/em><\/a><\/p>\n\n\n\n<p> What\u2019s the world\u2019s most valuable commodity?&nbsp; <\/p>\n\n\n\n<p>For many years, it was oil. \u201cBut things have changed in recent years,\u201d <em>Forbes<\/em> contributor Michael Ashley writes. \u201cOil has been dethroned.\u201d <\/p>\n\n\n\n<p>Taking its place has been the commodities of the ascending technology industry. As a <a href=\"https:\/\/www.economist.com\/leaders\/2017\/05\/06\/the-worlds-most-valuable-resource-is-no-longer-oil-but-data\">headline<\/a> in <em>The Economist<\/em> put it last year, \u201cThe world\u2019s most valuable resource is no longer oil, but data.\u201d<\/p>\n\n\n\n<p>This revolutionary shift is meaningful for several reasons. One of the most fundamental is that <strong>it upends the long-standing principle of economic<\/strong>s that scarcity in a commodity is core to its value. <\/p>\n\n\n\n<p>Data, as Ashley writes, is <strong>not scarce<\/strong>; it is <strong>vastly abundant<\/strong>. But because data lies in the hand of a few companies, the economic impact is the same. Google and Facebook, for instance, presently hold vast amounts of this data. <\/p>\n\n\n\n<p>One of the <strong>great challenge<\/strong>s of the data age remains <strong>privacy<\/strong>. Last year, over 4.5 billion digital records were stolen or exposed. <\/p>\n\n\n\n<p>Given both the ascent of data\u2019s value and the fact that this valuable commodity is being held by companies with a less than stellar record in protecting it, the time has come for a national discussion on data\u2019s sovereignty. <\/p>\n\n\n\n<p>Who ultimately holds responsibility for data\u2019s protection?&nbsp; It\u2019s an important question as governments wrestle with regulatory solutions and private companies now face the challenge of protecting what has emerged as the world\u2019s most valuable commodity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Viewed in Forbes. What\u2019s the world\u2019s most valuable commodity?&nbsp; For many years, it was oil. \u201cBut things have changed in recent years,\u201d Forbes contributor Michael Ashley writes. \u201cOil has been dethroned.\u201d Taking its place has been the commodities of the ascending technology industry. As a headline in The Economist put it last year, \u201cThe world\u2019s&#8230; <a class=\"continue-reading-link\" href=\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-07\/its-time-to-fight-back-for-data-sovereignty\/\">More<\/a><\/p>\n<a href=\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-07\/its-time-to-fight-back-for-data-sovereignty\/\">Read more...<\/a>","protected":false},"author":1,"featured_media":1557,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[176],"tags":[131,145,175,205],"class_list":["post-1661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2019-07","tag-data","tag-forbes","tag-privacy","tag-the-econonomist"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>It\u2019s time to fight back for data sovereignty - The Official Board\u2019s Reads<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-07\/its-time-to-fight-back-for-data-sovereignty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s time to fight back for data sovereignty - The Official Board\u2019s Reads\" \/>\n<meta property=\"og:description\" content=\"Viewed in Forbes. What\u2019s the world\u2019s most valuable commodity?&nbsp; For many years, it was oil. \u201cBut things have changed in recent years,\u201d Forbes contributor Michael Ashley writes. \u201cOil has been dethroned.\u201d Taking its place has been the commodities of the ascending technology industry. As a headline in The Economist put it last year, \u201cThe world\u2019s... 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