Privacy defines a state in which one is free from public attention and not observed or disturbed by others. Taken in the context of data, privacy is therefore a state in which an individual’s data is used only with their specific consent, and where any person or organization party to that individual’s data guarantee to prevent unauthorized disclosures or misuse of that information.
Therefore, in order to protect the individual’s privacy, strict regulations have already been introduced in many regions and countries worldwide, such as CCPA in California or GDPR in the EU and we can expect many more to come. This puts businesses in a position in which they need to find a solution in order to leverage data while preserving privacy. Sebastian will address this topic and answer how businesses can benefit from synthetic data and unlock the value of data.
