It’s still hypothetical, but easy to imagine: high school students and their families, about to take on thousands of dollars in loans and nervous about how the money will be spent, turn to a national database that details projected costs and financial outcomes.
A few keystrokes later, they’ve entered enormous amounts of sensitive information, from a social security number and a street address to someone’s employment history and financial status.
That data is enormously attractive to hackers, and who’s protecting it?
To address this, Senators Wyden, Rubio, and Warner introduced new legislation (the “Student Right to Know Before You Go Act”) that offers more transparency for the costs and outcomes associated with higher education. Just as importantly, it requires the use of a technique known as secure multi-party computation (MPC), which protects sensitive information by allowing parties to jointly compute a function over their inputs while keeping those inputs private.
To read the full story and to hear what Brown Executive Master in Cybersecurity professor Seny Kamara has to say on this issue, click here.