Optimization of Privacy-Utility Trade-offs under Informational Self-determination
Thomas Asikis, Evangelos Pournaras

TL;DR
This paper introduces a novel framework to analyze and optimize privacy-utility trade-offs in IoT data sharing, considering both system-wide and user-driven privacy settings, supported by theoretical and empirical insights.
Contribution
It presents a generic computational framework for measuring and optimizing privacy-utility trade-offs in diverse data sharing scenarios, including heterogeneous user preferences.
Findings
Privacy-utility trajectories vary significantly under different data sharing policies.
Heterogeneous data sharing influenced by informational self-determination impacts privacy-utility balance.
The framework effectively captures a broad spectrum of privacy-utility trade-offs.
Abstract
The pervasiveness of Internet of Things results in vast volumes of personal data generated by smart devices of users (data producers) such as smart phones, wearables and other embedded sensors. It is a common requirement, especially for Big Data analytics systems, to transfer these large in scale and distributed data to centralized computational systems for analysis. Nevertheless, third parties that run and manage these systems (data consumers) do not always guarantee users' privacy. Their primary interest is to improve utility that is usually a metric related to the performance, costs and the quality of service. There are several techniques that mask user-generated data to ensure privacy, e.g. differential privacy. Setting up a process for masking data, referred to in this paper as a `privacy setting', decreases on the one hand the utility of data analytics, while, on the other hand,…
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