Waikato Business News July/August 2017
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
Waikato Business News has for a quarter of a century been the
voice of the region’s business community, a business community
with a very real commitment to innovation and an ethos of
co-operation.
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WAIKATO BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2017</strong> 51<br />
New Zealanders ‘careful with personal data’<br />
Organisations need to address privacy<br />
and data security concerns and provide<br />
compelling reasons for Kiwi consumers to<br />
agree to share personal data.<br />
New Zealanders are selective<br />
about the circumstances<br />
in which<br />
they support sharing personal<br />
data with government agencies<br />
and commercial organisations<br />
via the Internet of Things<br />
(IoT), according to the <strong>2017</strong><br />
Unisys Security Index.<br />
These findings<br />
highlight that<br />
when it comes to<br />
personal data, there<br />
is a very delicate<br />
balance between<br />
privacy, security and<br />
convenience – even<br />
for organisations<br />
generally trusted by<br />
the public<br />
The Unisys Security Index<br />
is a global study that gauges<br />
the attitudes of consumers on a<br />
wide range of security issues.<br />
The <strong>2017</strong> study examined how<br />
willing New Zealanders are to<br />
share data with organisations<br />
via data analytics and the Internet<br />
of Things (IoT) – where<br />
devices can send information<br />
to other devices or systems via<br />
the Internet. The study polled<br />
1012 adults in New Zealand<br />
during April <strong>2017</strong>.<br />
The vast majority of New<br />
Zealanders, 84 percent, support<br />
using a button on their<br />
smartphones or smartwatches<br />
to alert police to their location<br />
during emergencies. Yet<br />
only 31 percent support police<br />
being able to monitor fitness<br />
tracker data anytime to determine<br />
their location at a certain<br />
time.<br />
The findings indicate that<br />
New Zealanders will embrace<br />
IoT when they see a compelling<br />
reason such as personal<br />
safety and medical emergencies.<br />
But concerns about privacy<br />
and data security suggest<br />
they want to be able to control<br />
which organisations can access<br />
their data.<br />
Most New Zealanders (74<br />
percent of respondents) support<br />
medical devices such as<br />
pacemakers or blood sugar<br />
sensors automatically transmitting<br />
significant changes to<br />
a patient’s doctor. And 70 percent<br />
support the use of sensors<br />
in luggage to advise passengers<br />
at airports if their luggage<br />
has been unloaded and what<br />
carousel it will be on.<br />
Yet many fewer New Zealanders<br />
(27 percent) support<br />
using a smartwatch app to<br />
make payments, or a health insurer<br />
accessing fitness tracker<br />
data to determine a premium<br />
or reward customers for good<br />
behaviour (20 percent).<br />
“These findings highlight<br />
that when it comes to personal<br />
data, there is a very delicate<br />
balance between privacy, security<br />
and convenience – even<br />
for organisations generally<br />
trusted by the public,” said<br />
John Kendall, director of border<br />
and national security programs,<br />
Unisys. “For example,<br />
people are happy to use their<br />
smartwatches to alert police to<br />
their location when they need<br />
help, but they don’t want police<br />
to freely access that data at<br />
any time – they want to control<br />
when they share their data.”<br />
What Are the Barriers to IoT<br />
Acceptance?<br />
Of the New Zealanders who<br />
say they do not support various<br />
IoT applications, most<br />
cited privacy and security concerns<br />
as key reasons. In particular,<br />
many say they would not<br />
support an IoT application if<br />
they do not see a compelling<br />
enough reason to share their<br />
data or if they do not want an<br />
organisation to have such data<br />
about them. Data security is<br />
the biggest barrier cited for<br />
not supporting a smartwatch<br />
payment app.<br />
Richard Parker, vice president<br />
financial services, Unisys<br />
Asia Pacific says: “To address<br />
consumer concern around data<br />
security of smartwatch payment<br />
channels, banks need a<br />
multi-pronged approach that<br />
spans technology and policies<br />
to secure the data, as well as<br />
reassuring customers by communicating<br />
the steps taken by<br />
the bank to protect them – a<br />
fine line in delivering a frictionless<br />
customer experience<br />
whilst making sure they are<br />
secure.”<br />
Which Wearable Biometrics<br />
Do Kiwis Support?<br />
Wearable biometrics technology<br />
that analyses human characteristics<br />
to confirm an identity<br />
or monitor critical medical<br />
data are part of the IoT phenomenon.<br />
The vast majority of New<br />
Zealanders support police or<br />
border security staff wearing<br />
facial recognition body cameras<br />
to identify criminals or terrorists<br />
who are on watch lists<br />
(78 percent) or medical sensors<br />
transmitting significant<br />
changes to a patient’s doctor<br />
(75 percent).<br />
The survey results also<br />
showed that fingerprint scans<br />
on smartwatches could address<br />
security concerns around<br />
payment apps. “Approximately<br />
half of Kiwis (51 percent)<br />
support a fingerprint scan to<br />
control access to data on a<br />
smartwatch or to authorise a<br />
payment from the smartwatch<br />
(47 percent), with support<br />
increasing with age. This is<br />
a clear signal to banks that<br />
biometrics could help alleviate<br />
consumer concerns about<br />
smartwatch payment channels,”<br />
says Mr Parker.<br />
While 49 percent of New<br />
Zealanders support airline<br />
staff wearing facial recognition<br />
glasses to verify the<br />
identity of passengers boarding<br />
aircraft at airports, only<br />
24 percent support the same<br />
glasses being used to identify<br />
VIP customers for special<br />
treatment.<br />
John Kendall explains:<br />
“Kiwis see it as a trade-off:<br />
‘Is there a compelling enough<br />
reason for that organisation to<br />
capture this information about<br />
me?’ The findings reveal law<br />
enforcement, national security<br />
and serious medical conditions<br />
are considered acceptable justification,<br />
but customer loyalty<br />
programs and employee tracking<br />
are not – the impact on privacy<br />
outweighs the personal<br />
benefit.”<br />
Support for Data Analytics<br />
Varies<br />
Support for analysis of data<br />
collected from a range of<br />
sources also varies – even<br />
among different government<br />
agencies. Fifty-seven percent<br />
of New Zealanders support<br />
border security officers analysing<br />
the travel history of<br />
passengers, and those whom<br />
they are travelling with, to determine<br />
if they are eligible for<br />
fast-track border clearance.<br />
Yet only 42 percent support<br />
welfare agencies accessing<br />
personal spending data from<br />
credit card records and insurance<br />
policies to verify if<br />
benefit claims are legitimate.<br />
And even fewer (21 percent)<br />
support the tax office using the<br />
same data to verify income tax<br />
returns.<br />
Furthermore, the majority<br />
of New Zealanders do not<br />
support data analytics being<br />
used to sell goods and services<br />
to them. Sixty-four percent do<br />
not support banks monitoring<br />
individual customer spending<br />
behaviour to offer related<br />
products such as insurance for<br />
items they have purchased.<br />
And 62 percent do not support<br />
shop assistants using facial<br />
recognition glasses to identify<br />
loyalty programme members.<br />
Richard Parker explains<br />
that organisations that use data<br />
analytics must be sensitive to<br />
customer concerns. “Customers<br />
expect businesses to know<br />
them based on the history of<br />
their relationship. In a world<br />
where interactions may cross a<br />
range of channels and not just<br />
in person, many organisations<br />
are turning to data analytics to<br />
provide extra insight. Ironically,<br />
while they may be trying<br />
to improve the customer experience,<br />
if businesses cross<br />
the line and appear to invade<br />
customers’ privacy by revealing<br />
that they know more about<br />
them than what the customer<br />
has knowingly shared, it just<br />
turns the customer off. Technology<br />
alone is not enough; it<br />
must be used in the context of<br />
understanding human nature<br />
and cultural norms.”<br />
TEDxRuakura<br />
returns in <strong>August</strong><br />
After a successful 2016<br />
event, TEDxRuakura<br />
returns this year with<br />
an outstanding line-up of<br />
speakers bringing ideas worth<br />
spreading to Hamilton <strong>August</strong><br />
20.<br />
From fire-breathing entrepreneurs,<br />
equality champions<br />
and storytellers, to cyber<br />
security legends and technology<br />
disruptors, the <strong>2017</strong><br />
programme is diverse but the<br />
speakers are all versed to present<br />
their unique ideas in the<br />
18-minute format.<br />
The event is to be held at<br />
the Gallagher Academy of<br />
Performing Arts, the University<br />
of <strong>Waikato</strong> with general<br />
admission tickets costing<br />
$100, and student concession<br />
tickets $80. Ticket availability<br />
is limited to create an intimate<br />
experience and spark deep discussion<br />
and connection with<br />
the ideas presented by the<br />
speakers.<br />
Now in its third year running,<br />
TEDxRuakura is curated<br />
and choreographed by a dedicated<br />
committee of local volunteers,<br />
led by license-holder<br />
and local business owner<br />
Quentin Weber.<br />
“To be able to offer Hamiltonians<br />
an authentic TEDx<br />
experience, with a cast of<br />
high-caliber thought-leaders is<br />
very exciting,” says Quentin.<br />
“Our hope is that through<br />
providing a knowledge-sharing<br />
platform for these innovative<br />
ideas, conversations<br />
will be sparked between<br />
like-minded people. We’d<br />
love to see both TEDx enthusiasts<br />
and those new to the<br />
TEDx movement come along<br />
and open their minds to new<br />
ways of thinking.”<br />
The full-day programme<br />
will run from 10am to 5pm<br />
with opportunities throughout<br />
the day to network with other<br />
attendees.<br />
Logan Elliott<br />
Linda Radosinska<br />
Videos of the TEDxRuakura<br />
talks will be made freely<br />
available online after the<br />
event, and all have the chance<br />
to be featured on TED.com<br />
Paloma Aelyon<br />
Sam Elton-Walters<br />
Rosie Bosworth<br />
Tania Jones<br />
and gain millions of views<br />
from world-wide audiences.<br />
The TEDxRuakura speakers<br />
for <strong>2017</strong> are:<br />
Michael Peters<br />
Victor Ahipene<br />
• Professor Michael Peters<br />
• Victor Ahipene<br />
• Paloma Aelyon<br />
• Sam Elton-Walters<br />
• Linda Radosinska<br />
Ryan Ko<br />
Andrew Judd<br />
• Associate Professor Ryan Ko<br />
• Andrew Judd<br />
• Tania Jones<br />
• Dr Rosie Bosworth<br />
• Logan Elliott<br />
Support for joint funding of critical infrastructure<br />
A<br />
government initiative to<br />
allow public and private<br />
investment in critically<br />
needed infrastructure is a significant<br />
step forward for the country,<br />
according to the Employers<br />
and Manufacturers Association<br />
(EMA).<br />
Crown Infrastructure Partners<br />
was launched in <strong>July</strong> and<br />
goes some way to addressing<br />
particular concerns raised by<br />
the EMA.<br />
"We have been pushing<br />
the need to look at different<br />
models to remedy our national<br />
infrastructure shortfall and<br />
we see today’s announcement<br />
as a clear win in this regard,"<br />
say EMA chief executive, Kim<br />
Campbell.<br />
"In our recently released<br />
Election Manifesto two of the<br />
key areas we highlighted have<br />
been somewhat addressed by<br />
this announcement. Our manifesto<br />
stated the importance<br />
of expediting critical national<br />
infrastructure and the pressing<br />
need to broaden funding options<br />
available to local authorities."<br />
The Government announced<br />
in <strong>July</strong> the re-purposing of<br />
Crown Fibre Holdings into<br />
Crown Infrastructure Partners<br />
in which it will co-invest $600<br />
million alongside local councils<br />
and private investors to fund<br />
road and water infrastructure<br />
for housing developments. The<br />
crown company will use the experience<br />
and skills gained in the<br />
fibre rollout to attract private investment<br />
in infrastructure necessary<br />
to open up large tracts of<br />
land for housing development.<br />
This will alleviate pressure<br />
on cash-strapped councils<br />
which are struggling to fund<br />
new long-term infrastructure.<br />
"This is targeted at enabling<br />
much needed housing development<br />
by resolving infrastructure<br />
shortfalls in the sector, although<br />
$600 million will not go<br />
far. However, we are more interested<br />
in how this model will<br />
be used to address broader infrastructure<br />
investment issues.<br />
"For example there are a<br />
number of major transport projects<br />
in the Golden Triangle or<br />
Auckland that require partial or<br />
complete funding by councils.<br />
When the new model is bedded<br />
in and successful it could easily<br />
be expanded to include these.<br />
"Investment in critical national<br />
infrastructure is vital to<br />
drive the uplifts in economic<br />
and social wellbeing that New<br />
Zealanders expect. We need action<br />
and today’s announcement<br />
certainly bodes well for the<br />
bold steps which need to be taken<br />
to address our infrastructure<br />
shortfall," says Mr Campbell.