Following the recent controversy of Facebook’s data scandal linked to Cambridge Analytica, Robert Herjavec spoke to CNBC about social media privacy concerns and why it’s time for the federal government to step in to regulate the private data of its citizens from private corporations.  “If the government truly wants to protect us, it needs to put constraints on [providing data to third-party companies],” Robert Herjavec states.  View the full interview with CNBC below:  

If the public has learned anything about Mr. Zuckerberg’s trip to Washington, it’s about how brutally honest the committees have been in their critique of Facebook’s global mistake, costing 87 million users their privacy. While Facebook is definitely to blame when it comes to the poor handling of its users data, it became very clear throughout Tuesday and Wednesday’s hearings, that there is an aggressive collision between generations. Generations Collide On one hand, you have many Senators who are on social media, but don’t understand the aspects of how Facebook actually works, ranging from privacy settings and messaging capabilities, to content sharing and…

Facebook recently came under fire when it was discovered that the data of 87 million Facebook users were harvested by a political consulting firm, Cambridge Analytica. On April 10, Robert Herjavec spoke to CNBC about the possibility of a federal data protection law being introduced by the U.S. government as a result of Facebook CEO Mark Zuckerberg’s testimony before members of US Congress. Within the conversation, Robert discussed: How the potential data privacy law would mimic the EU’s General Data Protection Regulation (GDPR) The impacts of governmental regulations on innovation Whether companies should pay a penalty for not providing adequate protection…

Picture this: you’re a young innovator, and you’ve found yourself at the end of the long hall that leads into the Shark Tank, a place where dreams are made and broken. Who’s the person you’d most like to make a deal with? If you watch Shark Tank religiously, your answer is probably Robert Herjavec. Here’s what you probably already know about Herjavec: he was born in communist Yugoslavia (now Croatia), and his family escaped to Canada when he was a child. He’s a tech entrepreneur, author, and dancer who’s widely considered the nicest shark in the tank (though one would be unwise to, as he…

With a keen ability to interpret industry trends and understand enterprise security demands, Robert Herjavec, Founder and CEO of Herjavec Group and Investor on ABC’s Shark Tank, shares his expertise on how Canadian enterprises can secure their organizational data in today’s changing digital environment. Mediaplanet: What kind of changes have you seen in Canadian organizations and their outlook on data security in the past year? Robert Herjavec: Canadian organizations are maturing when it comes to data security requirements. There’s a clear understanding of the threat landscape and the need to balance multiple layers of technology along with processes and people for…

Information is ‘the modern-day weapon’: Shark Tank’s Robert Herjavec from CNBC. Robert Herjavec, a cybersecurity expert and star of ABC’s “Shark Tank,” told CNBC on Tuesday that people need to wake up when it comes to protecting their data. “I don’t think people take information as critically as they should today. It is the modern-day weapon,” Herjavec said in an interview with “Mad Money” host Jim Cramer. “We are living in a cold war right now and we’re under attack. We’re under attack every single day.” The investor’s comments came in response to a scandal involving Facebook in which a firm creating…