WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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How We All Can Fight Misinformation- @HBR creates a series called "reality wars" on a much needed topic that is hard to fight for: truth on the Internet

How We All Can Fight Misinformation- @HBR creates a series called "reality wars" on a much needed topic that is hard to fight for: truth on the Internet | WHY IT MATTERS: Digital Transformation | Scoop.it

False news spreads online faster, farther, and deeper than truth does — but it can be contained. Here’s how.

Farid Mheir's insight:

WHY IT MATTERS: trust on the Internet is difficult to get. Harvard Business Review raises concerns and provides possible solutions in this special series. Much needed, the solutions do not however appear very easy to implement. Tough times ahead for the truth...

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You have data and here are your rights - Your data matters @ICO #UK #privacy

You have data and here are your rights - Your data matters @ICO #UK #privacy | WHY IT MATTERS: Digital Transformation | Scoop.it

We live in a data-driven world. Almost every transaction and interaction you have with most organisations involves you sharing personal data, such as your name, address and birth date. You share data online too, every time you visit a website, search for or buy something, use social media or send an email.

Farid Mheir's insight:

WHY IT MATTERS: ICO is the data protection organization in the UK. It provides a guide to your rights regarding data and privacy. Very useful and well done.

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Identity theft in top10 of American #fears via @qz

Identity theft in top10 of American #fears via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it

Chapman University has conducted a Survey of American Fears for more than three years. It asks 1,500 adults what they fear most. It organizes the fears into categories that include personal fears, conspiracy theories, terrorism, natural disasters, paranormal fears, and more recently, fear of Muslims.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Expect to hear more about security threats and fears in the coming years. In the digital world, I suggest that there is a "hierarchy of digital needs" (see the pyramid of digital needs fmcs.digital/blog/pyramid-of-digital-needs/) and that if we do not feel secure in the digital world, we will not be able to leverage the different tools and solutions available to us. In fact, the research shows that our fears are exacerbated when we are not in control, which is the case for most people as they do not fully understand digital technologies (layer 1 in the pyramid) and do not feel secure (layer 2).

 

"...many things affect how we perceive risk:

  • do you trust the person you are dealing with
  • control vs. lack of control (lack of control inflates risk perceptions)
  • is it catastrophic or chronic (catastrophic inflates risk perceptions)
  • does it incite dread or anger (dread inflates risk perceptions)
  • uncertainty (lack of knowledge about something inflates risk perceptions)

“Most people do not distinguish well between a one-in-a-thousand risk and a one-in-a-million risk,” said Mark Egan, an associate advisor at the Behavioral Insights Group in London.

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