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Re:NZ’s biggest data breach shows retention is the sleeping ... by organsnyder on Friday April 07, 2023 @10:04AM (#35481679)
> data is the new oil

Lots of layers to this analogy, given the damage our use of oil is causing.

Companies are going to learn that using LLMs without paying proper consideration to data governance is a recipe for large fines and worse (such as being required to throw out entire models because their provenance violates data subjects' privacy rights).

Re:NZ’s biggest data breach shows retention is the sleeping ... by mistrial9 on Friday April 07, 2023 @10:33AM (#35481966)
excellent reading for today: The Secret History of Lead, The Nation Magazine March 2000 ..

many direct analogies indeed

Re:NZ’s biggest data breach shows retention is the sleeping ... by nabnob on Friday April 07, 2023 @11:39AM (#35482792)
They're only subject to large fines if those laws are in place and actually being enforced, though. Companies keep getting away with these huge data breaches in the United States with almost no real consequences.
Re:NZ’s biggest data breach shows retention is the sleeping ... by organsnyder on Friday April 07, 2023 @11:44AM (#35482866)
It's getting harder and harder to ignore these laws unless you're willing to stay out of some major markets (such as Europe and California).

I think we'll see a national privacy law in the United States at some point in the next five years. There's appetite for it in both major parties (Democrats to protect bodily autonomy, Republicans to stick it to Big Tech), and I think the targets of the regulations themselves will at some point lobby for a consistent national law rather than the patchwork of state laws that we have now.

Re:NZ’s biggest data breach shows retention is the sleeping ... by wizzwizz4 on Friday April 07, 2023 @02:07PM (#35484807)
The RESTRICT Act suggests that there's political will in the US to solve the same problems that the GDPR solves. If the RESTRICT Act fails, the US might get federal-level privacy protection (subject to the PATRIOT Act, of course).
Re:NZ’s biggest data breach shows retention is the sleeping ... by eurasiantiger on Saturday April 08, 2023 @03:07AM (#35491228)
The RESTRICT act isn’t GDPR and actually contains everything they couldn’t pass in the PATRIOT act, right?
Re:NZ’s biggest data breach shows retention is the sleeping ... by whimsicalism on Friday April 07, 2023 @04:04PM (#35486346)
At least at my employer, we've gone the route of global GDPR compliance.
Re:NZ’s biggest data breach shows retention is the sleeping ... by ryandrake on Friday April 07, 2023 @03:30PM (#35485979)
I find it helpful to think of data as uranium instead of oil. Both are valuable, but one is also a liability if you mishandle it. What you want to do is only have as little as you possibly need to make your business go toot, and dispose of it as promptly and safely as possible when you no longer need it.
Re:NZ’s biggest data breach shows retention is the sleeping ... by digging on Friday April 07, 2023 @04:23PM (#35486512)
Not from the US government they won't. Fines here are inconveniences to rich corporations, not obstacles. Maybe the EU will show some teeth.