The document discusses how consumers are losing confidence in the digital economy due to issues with big data practices. It notes that consumers experience frequent data breaches, credit card and password theft. Identity theft has become the top consumer concern in the US and predictive policing raises new issues. The problems will worsen as more personal data is collected but security and business practices remain weak. Solutions proposed include improving payment security, updating privacy laws, and developing metrics to monitor privacy, security and consumer protection issues related to big data.