Monica Eaton-Cardone Suggest Risk is Negligible, but Consumer Should Still be Aware
The recent uproar regarding popular social media app TikTok and their collection of user data resulted in significant confusion and misinformation among consumers. Reader’s Digest consulted with several global security experts, including Chargebacks911 COO Monica Eaton-Cardone, to try and set the record straight.
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TikTok remains wildly popular among users, even despite threats by the US government to ban the app over data concerns. With all the misinformation and fake news surrounding the app, it can be difficult to determine how much real risk the app poses to users’ security, at least relative to other social media platforms.
“For the average American, the privacy risks posed by TikTok aren’t strikingly different than the risks posed by the other leading social media companies,” Monica explains. The real point to drive home regarding the app’s data collection is that consumers should be more informed in general about who collects their data, and how it’s used and stored.
“All of these platforms, at least in part, are monetizing your data. That’s what they do. And the more data they have, the more money they can make. This makes a strong incentive to aggressively gather as much data as possible.”