Wednesday, April, 04, 2018
  • Nation
  • World
  • States
  • Cities
  • Business
  • Sport
  • Entertainment
  • Galleries
  • Videos
  • Life Style
  • Specials
  • Opinions
  • All Sections  
    States Tamil Nadu Kerala Karnataka Andhra Pradesh Telangana Odisha
    Cities Chennai DelhiBengaluru Hyderabad Kochi Thiruvananthapuram
    Nation World Business Sport Cricket Football Tennis Other Education Social News
    Entertainment English Hindi Kannada Malayalam Tamil Telugu Review Galleries Videos
    Auto Life style Tech Health Travel Food Books Spirituality
    Opinions Editorials Ask Prabhu Columns Prabhu Chawla T J S George S Gurumurthy Ravi Shankar Shankkar Aiyar Shampa Dhar-Kamath Karamatullah K Ghori
    Today's Paper Edex Indulge Event Xpress Magazine The Sunday Standard E-paper
Home Business

After Facebook privacy fallout, Microsoft fears more regulations; calls for more blockchain adoption to secure data

By PTI  |   Published: 28th March 2018 02:50 PM  |  

Last Updated: 04th April 2018 12:48 PM  |   A+A A-   |  

0

Share Via Email

A Microsoft logo is seen on an office building in New York City. (Photo | Reuters)

MUMBAI: Global tech major Microsoft fears an increase in regulation for the sector following the privacy issues that have engulfed Facebook, but said that tools like blockchain can help take care of concerns.

"All the signals say that there will probably be more regulation in the industry and our job is to comply with the regulations," its executive vice president for business development Peggy Johnson told PTI here in an interview.

Johnson, who reports to the company's India-born chief executive Satya Nadella, said the Redmond, US-based corporation has always been "principalled" about privacy, and affirmed its commitment to keep the individuals' data secure.

"Our belief is that our customer's data is their data, it is our job to help keep it secure for them," she said.

READ | Collaborated with the Indian officials during elections; transparent about data collection, says Microsoft official

To illustrate the increase in regulations, Johnson who was in Mumbai on Monday cited the example of Europe which has introduced the General Data Protection Regulation (GDPR) regime, which tech companies have to adhere to.

It can be noted that following the revelations that data of over 50 million Facebook users could have been illegally accessed for influencing electoral results by the London-based consultancy Cambridge Analytica, the social network had volunteered to be regulated more closely.

Johnson said technology alone can help overcome the present set of worries which allegedly owe its genesis to misuse of the technology itself.

"Technology can actually help the problem that is surfacing now. Things like blockchain can be a part of the solution here, because it is transparent, it is secure. It can actually be a part of the solution to some of these concerns that are being raised by the regulators," she said, adding her company is already building on such solutions through its cloud platform Azure.

She said the company has been working on cybersecurity and has helped as many as 125 Indian companies with protecting their data since launching the offering in mid-2016 through a dedicated centre that works closely with academia as well.

On the recent car crash involving a driverless car in the US, which killed one pedestrian, Johnson said Uber did the right thing by stalling the autonomous car experiments and added that more simulation using the tech is the solution to avoid any mishaps in the future.

"I think AI (artificial intelligence) can help that situation. I think if you can gather data and run simulations, rather than actual cars (on the road)," she said.

"Stopping the testing was right thing to do till they (Uber) analyse what went wrong there. I just think going forward, any company that is testing autonomous vehicles may find that AI simulations can be a tool for them to test some of the cases," she added.

The company, which has a tie-up with Uber's domestic rival Ola, says the partnership is doing great and Microsoft will continue to help it realise the vision of creating a connected vehicle.

Johnson said the company wants to "democratise AI" tools and is already working on the healthcare and the agriculture sector in the country.

In healthcare, the interventions are focused on the oncology or cancer diagnosis and treatment front, and also ophthalmology, while in agriculture, it has a tie-up with a state-run institute.

The AI-led interventions have led to a 30 per cent increase in productivity for the farmers, and also helped in preserving the quality of the soil, she said, underlining that the latter is very important from a sustainability perspective.

    Related Article
  • US authorities confirm Facebook probe for data leaks to Cambridge Analytica
  • How Facebook was able to siphon off phone call and text logs
  • Facebook gives me willies, says Elon Musk on deleting SpaceX, Tesla pages
  • Facebook CEO Mark Zuckerberg apologises for data scandal in UK newspaper ads
Stay up to date on all the latest Business news with The New Indian Express App. Download now
TAGS
facebook Microsoft CA Cambridge Analytica

O
P
E
N

More from this section

Taxpayers can complete filing transitional credit form by April 30: Finance Ministry

The Reserve Bank of India Governor Urjit Patel. | REUTERS

RBI to keep rates on hold, sound cautious despite easing inflation

sensex, nifty, stock exchange, shares

Sensex sheds over 300 points as trade war fear escalates

Latest

Delhi court exempts Dhinakaran from personal appearance

Blackbuck poaching: Saif, Sonali, Tabu leave for Jodhpur for verdict

No other govt honoured Ambedkar as we did: Modi

Geelani, Mirwaiz try to defy house arrest

India to witness 'normal' southwest monsoon: Skymet

Bellandur lake spills toxic foam, again

Bharat Bandh: Curfew imposed in Rajasthan's Hindaun 

Woman dead as lorry rams into houses in TN

Videos
Woman wounds three at YouTube headquarters in California before killing herself
Jammu and Kashmir: Terrorists break into civilian's house, one kidnapped
arrow
Gallery
An Australian family poses with the Commonwealth Games mascot Borobi before entering Carrara Stadium for the opening ceremony of the games, in Gold Coast, Australia. | AP
Fans rejoice as Australia gears up for Commonwealth Games 2018
Cristiano Ronaldo became the first player to score in 10 successive Champions League games as he struck twice for holders Real Madrid in a 3-0 win at Juventus in quarter-final first leg. | AP
Champions League: Cristiano Ronaldo leads Real Madrid to easy win against Juventus in quarters first leg
arrow

Trending

FOLLOW US

Copyright - newindianexpress.com 2018

Dinamani | Kannada Prabha | Samakalika Malayalam | Malayalam Vaarika | Indulgexpress | Edex Live | Cinema Express | Event Xpress

Contact Us | About Us | Careers | Privacy Policy | Search | Terms of Use | Advertise With Us

Home | Nation | World | Cities | Business | Columns | Entertainment | Sport | Magazine | The Sunday Standard