The science of money and data mining

The use of data mining by private and government agencies is widespread and only going to become more so. Do we care about the consequences?

Last week I wrote a piece for Fairfax Metro – the Sydney Morning Herald and Melbourne Age – looking at how government agencies and private credit companies are mining data.

That story sparked a range of interest with my doing a twenty minute segment on ABC Brisbane today on the topic which morphed into a deeper discussion on surveillance, particularly with the Australian government’s ‘metadata’ laws.

I’ll also be talking on ABC Radio Perth on Monday, March 6 about this story at 6.15am local time (9.15am Sydney and Melbourne).

In the wake of the Australian government’s Centrelink scandala national disgrace that is only getting worse – it’s worthwhile discussing exactly what data is being gathered and how it is being used.

The answer is almost everything with commercial operators like Experian pulling in data from sources ranging from credit card applications to social media services although store loyalty cards remain the richest information source.

As the Australian Tax Office spokesperson pointed out, none of this is particularly new as they have been collecting bank deposit data since the Federal government introduced income taxes in the 1930s.

The arrival of computers in 1960s changed the scale and scope of tax offices’ abilities to track citizens’ finances and gave rise to the major commercial credit bureaus.

With the explosion of personal electronics and internet connected devices in recent years along with increased surveillance powers being granted to government and private agencies, that monitoring is only going to grow.

The best citizens can expect is to have their data protected and respected with financial providers only using what is ethical and relevant in determining our access to banking and insurance products.

Politically the only way to ensure that is to make it clear through the ballot box, the question is do we care enough?

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2014 – the year privacy and security will be defined

Security will be the big technology story of 2014

Happy New Year – 2013 might have been a disappointing year for tech, but for many it was a weird, wild roller coaster ride. Hopefully that ride is going to result in some very interesting destinations in 2014.

It’s tempting to make predictions about 2014 and wise heads prefer not to – what I’d refer to is a failed prediction from 2011, that that year would be remembered as the year of the security breach.

That was wrong. 2012 was worse and 2013 continued the trend of ever increasing corporate glitches and finished the year with two massive security breaches at Target and Snapchat. 2014 promises to be a year when the stakes become higher.

And then there were Edward Snowden’s revelations. Everyone who’s worked in or reported on the tech sector knew security agencies had the ability to snoop on the data of anyone they thought might be of interest, but few of us thought they would have engaged on such massive sweeps of the planet’s personal and business data.

Snowden’s leaks and the fallout from them have a long way to play out and the big story is going to be how the US justice system reacts to the creation of a surveillance state.

In countries like Australia that lack the US’ constitutional protections, fighting the constant spying of government agencies is probably a lost cause unless an economic collapse sees the authorities running out of money to operate their comprehensive monitoring programs.

What we can be certain of in light of ongoing privacy breaches by governments and businesses that the technology world is going to obsessed about security. That’s probably going to be the big, ongoing story for 2014, even if the mainstream media outlets focus on big TVs and the latest smartphone.

So Happy New Year and play nice on the internet. The Feds are watching.

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