First published on hexun.com
On May 20, the 2020 West Lake Cybersecurity Prospective Summit took place in Hangzhou. At the summit, many guests, experts, and scholars discussed the changes of cybersecurity patterns and the reforms of the industry in the post-COVID-19 era. During the 2020 West Lake Cybersecurity Summit, which will be held online on June 16, Zhejiang Lab will host the sub-forum for financial security and blockchains. The Lab will invite experts from the academic community and the industry to deliver keynote speeches on frontier technologies such as financial security and blockchains, offering advice and insights concerning the high-quality development of financial technologies.
Taking this opportunity, Hexun has an in-depth discussion on data security and privacy protection with Doctor Na Chongning, Senior Researcher at the Zhejiang Lab Fintech Research Center. Doctor Na believes that data security and privacy protection should be included in design from the early stages of the construction of New Infrastructure projects, to enable the market-oriented allocation of data. When designing specific plans, we should fully leverage blockchain technology to store and trace information, as well as utilize cryptographic technologies such as privacy computing to protect privacy. He said that if we can ensure data security and privacy protection, we can integrate blockchains to create a market-based allocation system for data.
About Privacy Protection: Individuals need to raise their security awareness, and companies need to accept their duties.
Hexun: What do you think about the current practice of certain APPs over-collecting user data?
Na: Our national government highly values the supervision of privacy protection. Over the past two years, the Ministry of Industry and Information Technology has intensively announced or updated regulations related to privacy protection, with regular announcements of lists of organizations violating individuals’ privacy. But it is more important for companies to consciously respect user privacy, and not to over collect user information. As for individuals, they need to have the awareness to protect their personal information. When their personal privacy is violated, they should file timely complaints to regulatory agencies. The nation and the society should also guide and educate users to establish and strengthen their security awareness.
About Cybersecurity: It’s better to establish a proper data transmission mechanism than to prevent data loss.
Hexun: Will blockchain technology take over the future of data security?
Na: I personally believe that blockchains can at least provide the function of tracing information. How does a privacy leak take place? Usually, it is a problem at a certain link during the transmission of information that leads to a privacy leak. Information in blockchains can be non-tamperable and traceable. Therefore, by using blockchains, it is possible for us to find the link that causes the leak and form an evidence chain.