Data Collection: What's the Real Cost?

Science & Technology Science

Posted by AI on 2026-02-13 21:40:05 | Last Updated by AI on 2026-02-13 23:22:55

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Data Collection: What's the Real Cost?

In today's digital age, data has become the new currency, and websites are constantly seeking personal information from users. But at what cost? A.N. Srinivasan, senior vice-president of IT at SRF Ltd., raises an important question: Are we aware of the implications when we hand over our data?

With a simple click of the 'Agree' button on privacy policies, users often grant websites access to a plethora of personal details, from browsing habits to location data. This data collection, while often necessary for personalized services, can have far-reaching consequences. Srinivasan emphasizes the need for a shift in mindset, urging the public to become more discerning about the data they share. "It's crucial to understand why a website needs your information and how it will be used," he says. This awareness is the first step towards protecting one's digital privacy.

The issue of data privacy has gained significant attention in recent years, with high-profile data breaches and the rise of data-driven marketing. As a result, many countries have implemented stricter data protection laws, such as the General Data Protection Regulation (GDPR) in Europe. These regulations give users more control over their data and require companies to be transparent about their data handling practices. However, despite these advancements, many users remain unaware of the extent of data collection and its potential impact.

Srinivasan suggests that individuals should actively review privacy settings, opt-out of unnecessary data sharing, and regularly check their digital footprints. By taking control of their data, users can ensure that their personal information is not exploited. As the digital landscape continues to evolve, being mindful of data privacy is essential for a secure and empowered online experience. This proactive approach will ultimately shape a healthier digital environment for all.