IS IT TOO LATE?

Have we gone too far to trust the house of cards in whose hands we place our private lives?
Yesterday I was given to understand that banks are now scanning Facebook pages to qualify you for a loan. If they sense your activities through postings, comments and photos are questionable as a loan risk, you just might not get that loan or a great rate.

It is now standard practice for HR departments to do the same when applying for a job.

Unfortunately, what happens online stays online … forever. Online actions have consequences that can haunt from cradle to grave and beyond. The need to connect and share with “friends” is often so intense that it’s easy (especially for younger generations) to lose sight of what can become devastating consequences.

Cyber bullying has become all too common thanks to the Internet flaming and spreading hurtful posts faster than they can be stopped. The trend needs to be arrested before more kids follow in the footsteps of those we already lost.

The social networks have a responsibility to protect their user base on many levels. It’s unfortunate that the business of collecting our data (most often in circumventing ways) completely overshadows the need to protect us. Week after week we read that Google, Facebook, Twitter, Apple, Verizon and others have overstepped privacy concerns in an effort to track our online movements and locations.

It will not stop. Data of every size, shape and form has become the currency of choice for all online services. The stakes are too high. Witness the current explosion of Big Data and Cloud computing companies chased by VCs like it was during the pre-bubble days. VCs are tripping over themselves to share the spoils.

In 1984, Big Brother was too far off to be a concern. Today, what we read in 1984 was child’s play.