Convenience or Privacy? Which is more important?

The company I work for, KRYTERION has created new technology that allows people to be securely tested at home rather than have to travel to a testing center to take the test. This technology was created to allow universities and colleges to fully deliver on the promise of distance education, which has up until now typically required students to visist a physical location to take important tests.

However, some of the press is suggesting that this is an invasion of privacy (A webcam is used to monitor the student taking the test). The benefits include: Fullfilling accreditation requirements, saving time travelling, reduced cost of testing for both university and student. But are these benefits worth giving up your privacy for?