This document discusses the data privacy paradox and issues surrounding data collection and use. It notes that while most people are concerned about privacy, vast amounts of personal data are being collected and stored, with forecasts of 120 exabytes of data collected daily by 2020. However, only 13% of the public trusts data providers to securely handle sensitive personal information. The document outlines new EU regulations around data protection, privacy, and individual rights over personal data. It argues that data ethics are good for business and companies should offer a fair exchange to users, not just collect rear-view data about them.