In the latest attempt to thwart regulators, the online advertising industry has agreed on an iconic bit of branding that will be included on online ads that use behavioral data. The intent of this new standard “i” icon is to educated consumers about targeted ads.
When consumers click on the icon they will be taken to a page explaining how the advertiser uses their Web surfing history and demographic profile to send them certain ads.
Consumers should start seeing this icon along with phrases like “Why did I get this ad?” by midsummer.
With data collection and integration becoming ever more sophisticated, the industry has been under increased scrutiny about data acquisition models and the impact on consumer privacy. The Federal Trade Commission (FTC) threatened to step in if the industry failed to self-regulate, and several trade groups are now working on third-party systems that will help regulate behaviorally targeted ads. The new informational icon is one step toward industry transparency.
“Jules Polonetsky, the co-chairman and director of the Future of Privacy Forum, an advocacy group that helped create the symbol, compared it to the triangle made up of three arrows that tells consumers that something is recyclable.” From NYTimes.com