The Trust Cliff and the Importance of Data Privacy

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Michelle Dennedy

Chief Privacy Officer at Cisco

Connected Futures Podcast Guests:

Michael KaiserExecutive Director,

National Cyber Security Alliance

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“The balance [between data sharing and privacy] is highly contextual…

there are notions of balance between privacy and security, safety and data

integrity, ownership and fiduciary responsibility. They're always moving

and they're always changing over time….it’s a lot like driving a car and the rules of the road do change based

on the condition.”

 

- Michelle Dennedy, Chief Privacy Officer, Cisco

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“We’d like to see more transparency. We’d like to see companies stepping up and…engineering privacy from the start. Not only what they're collecting and how they're using it but certainly

how they're protecting it.”- Michael Kaiser, Executive Director,

National Cyber Security Alliance

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“It’s a life cycle issue just like when I hand someone else a dollar bill. [The money] doesn’t diminish in value just

because I’ve handed it to another person. Watching your data is going to be similar and hopefully as ubiquitous

as bouncing your checkbook in the future.”

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- Michelle Dennedy, Chief Privacy Officer, Cisco

“How many chief privacy officers are sitting on public boards today? Zero.

Not one…We need diversity in the boardroom desperately.”

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- Michelle Dennedy, Chief Privacy Officer, Cisco

“Consumers are not demanding that there’ll be controls on everything.

They just want the basic facts about their personal information as it goes into your company... From the very

top, [leaders need to] explain to employees the importance of

protecting customer information as well as the information of their

colleagues… that’s how to build a organizational privacy ecosystem.”

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- Michael Kaiser, Executive Director, National Cyber Security Alliance

“Make sure you are getting cross-functional… Make sure you’re keeping

the organization fresh at looking at data as an essential asset and you're constantly coming up with new ideas because the economy is coming up

with new ideas all around you. So, it’s time to get on board.”

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- Michelle Dennedy, Chief Privacy Officer, Cisco

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