Privacy is an important fundamental human right. It underpins human dignity and other values such as freedom of association and freedom of speech. However, privacy is being challenged in the networked society. The use of new technologies undermines this right because it facilitates the collection, storage, processing and combination of personal data by security agencies and businesses. This research note presents the background and agenda of the recently-commenced research project PRESCIENT, which aims at reconceptualizing the concept of privacy and developing means for the assessment of privacy impacts.