Paul Ohm, Associate Professor of Law at the University of Colorado Law School, has self-archived "Broken Promises of Privacy: Responding to the Surprising Failure of Anonymization" at SSRN.
Here's an excerpt:
Computer scientists have recently undermined our faith in the privacy-protecting power of anonymization, the name for techniques for protecting the privacy of individuals in large databases by deleting information like names and social security numbers. These scientists have demonstrated they can often 'reidentify' or 'deanonymize' individuals hidden in anonymized data with astonishing ease. By understanding this research, we will realize we have made a mistake, labored beneath a fundamental misunderstanding, which has assured us much less privacy than we have assumed. This mistake pervades nearly every information privacy law, regulation, and debate, yet regulators and legal scholars have paid it scant attention. We must respond to the surprising failure of anonymization, and this Article provides the tools to do so.
Read more about it at "What Information Is 'Personally Identifiable'?"