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72% Indians believe financial institutions collect more data than required

Business Standard LogoBusiness Standard2d ago

72% Indians believe financial institutions collect more data than required - Business Standard

Quick Summary:

The diverse tech skills and access levels mean a single approach won't work.

Processing should occur without data exposure, exchanging only inferences, with programmability linking consent and computation—ensuring that what customers consent to is precisely what is extracted, backed by mathematical guarantees.

We need technologies that strengthen encryption and data minimisation, empowering users with control over personal data sharing.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 16:07:55 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 378 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22307152

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 133 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "72% Indians believe financial institutions collect more data than required" has 378 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "72% Indians believe financial institutions collect more data than required" was covered 2 days ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 133 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #22307152
  • URL: https://beamstart.com/news/72-indians-believe-financial-institutions-17250148

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