Following The Recent Data Breach, Apple and IBM Call For Stringent Data Regulations
Following the Facebook Inc. breach which saw over 50 million users" data inappropriately used by Cambridge Analytica, Apple Chief, Time Cook, and IBM Corp Chief have requested for an intense oversight on the external use of users" data, Reuters reported. Tim Cook, Apple boss, emphasised on the use of a well-crafted regulation, in line with what IBM Corp Chief, Virginia Rometty said. He noted that social network owners should be transparent with their terms and conditions. In retrospect, users should be in control of their data or information. During the three-day China Development Forum in Beijing, Tim Cook spoke on the necessity to review the regulations to prevent users from surprises in the future. He said: " It"s clear to me that something, some profound change in needed. I"m personally not a big fan of regulation because sometimes, regulations can have unexpected consequences to it; however, I think this certain situation is so dire and has become so large...