Will you pay for privacy?

Privacy is becoming a luxury good, says Julia Angwin in the New York Times. She spent more than US$2,200 trying to protect her privacy last year.

Read: Financial firms must value client privacy

The money went to secure Internet connections, a shield for her laptop screen, data encryption and other technology.

She argues that access to inexpensive technology and free web content are being subsidized by the sale of personal data. As more people learn how their data is being used by companies and government, they are looking to purchase solutions that keep prying eyes out of their online dealings—and it isn’t cheap.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.