Lets start by defining the two terms. Online security refers to how your information is protected from cyber criminals. On the other hand, online privacy ensures that your information is not available to anyone without your explicit permission.
Many people equate security with privacy. They are inter-related but can the terms be used interchangeably. Having a secure platform doesn’t mean that users’ data is kept from the hands of those who operate the platform. In this sense, the platform would be secure, but wouldn’t award privacy to its users.
Think about this situation: When you are on the phone with your credit card company, they ask you to provide personal information you wouldn’t normally give to a stranger. They do this for the sake of security, ensuring that you are not trying to impersonate someone else or vice versa. This assurance of security implies a loss of privacy, with regards to the credit card company.
The controversy in the United States over the TSA is a great example of the “security vs. privacy” dichotomy. Many Americans quote Benjamin Franklin on this to share their sentiment on the situation: “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.”
Now lets use a popular web app as an example: Facebook. One of Facebook’s security features is social authentication. If more than one login attempt is detected, Facebook requires that you correctly identify pictures of your friends on Facebook to get access your account. This helps protect and secure your Facebook account from being hacked by intruders. On the other hand, Facebook has been constantly accused of abusing the privacy of their users, most of whom are not very internet-savvy. An example of a breach in privacy would be Facebook’s “Like” button on external sites. Even without clicking the “Like” button, Facebook is informed that you visited the site. This is a clear invasion of privacy.
With the increase in security breaches and new ways to collect private information, privacy and security are hot topics in our highly digitized world.
It is now more essential that businesses have privacy and security policies in place. Understanding the difference between the two can help create clear messages about both how data is used and kept within a secure environment.
With the rising popularity of cloud computing, SaaS applications, and BYOD, the need for a Cloud identity solution to manage users’ passwords and their access to applications from within the enterprise and in the cloud is even more crucial for cost savings and business agility.
Still, many companies are hesitant to adopt Identity as a Service (IDaaS) or Identity & Access Management as a Service (IAMaaS). The reluctance comes from discomfort in outsourcing critical identity data to an external vendor’s servers. This can create problems with regard to privacy and data conﬁdentiality, and it can even lead to non-compliance to Government regulations.
Unlike our competitors, we at SmartSiginin are proud of the fact that we cannot access your credentials or data. Your keys to access all your accounts remain under your control. Our patented algorithm enhances security and privacy and ensures there is no single point of failure. Your security and privacy is always protected!