Digital MarketingDisplay AdvertisingMicrosoft Exec Prods Ad Industry Over Consumer Privacy

Microsoft Exec Prods Ad Industry Over Consumer Privacy

Rik van der Kooi says giving consumers control over data collected about online activities could be a smart business move.

van-der-kooiPalm Springs, CA– A Microsoft advertising executive said Monday that consumers should be given more control over data about their online activities.

“Data gets bartered, traded, corralled, bought, sold and used in a myriad of different ways without one central actor being part of the conversation – and that is the user,” said Rik van der Kooi, corporate VP, advertiser and publisher solutions group at Microsoft, during the Interactive Advertising Bureau’s annual leadership meeting.

“We live in an age of digital feudalism. All value is accrued to the lords of the manor,” he said, quoting another executive.

Van der Kooi said businesses stand to benefit if they empower consumers – and let them know what information is collected about their website activities and how it’s being sold or exchanged. By doing this, businesses could earn a consumer’s trust – and a consumer might decide to share even more information with a brand.

He said the IAB’s decision to adopt a code of conduct is a good step forward, but the ad industry must continue to evaluate and update the code as technologies and online consumer behaviors evolve.

Three months ago, Microsoft said its new browser, IE 9, would enable consumers to limit the ability of third parties such as advertising companies and analytics providers to track users’ online behavior.

Some federal legislators are pushing for the passage of a do-not-track law that would give consumers a way to easily opt out of receiving behavioral targeted ads.

 

Related Articles

The ad industry lashes out at new FCC privacy rules

Display Advertising The ad industry lashes out at new FCC privacy rules

1y Al Roberts
Google comes under fire for privacy policy PII change

Display Advertising Google comes under fire for privacy policy PII change

1y Al Roberts
Content is king in the fight against ad blockers

Display Advertising Content is king in the fight against ad blockers

1y Al Roberts
Google blocked 780m 'bad ads' in 2015. Woah

Display Advertising Google blocked 780m 'bad ads' in 2015. Woah

2y Mike O'Brien
Ad fraud continues to cost brands billions

Ad Industry Metrics Ad fraud continues to cost brands billions

2y Mike O'Brien
APAC to overtake North America as world’s biggest digital ad market

Asia APAC to overtake North America as world’s biggest digital ad market

1y Sophie Loras
Five stats that sum up the rise of ad blocking

Display Advertising Five stats that sum up the rise of ad blocking

1y Leonie Mercedes
Viewability has much more gray area than you realize [Study]

Ad Industry Metrics Viewability has much more gray area than you realize [Study]

2y Mike O'Brien