BT's arch technology executive voiced his concerns at the RSA Security Europe Conference in London.
While the demise of personal privacy had been likely for a long time, hurried technological changes acted a mortal risk to it, he said.
Mr Schneier urged lawmakers to do more to help persist and safeguard privacy.
The demise of privacy had been likely before with the presentation of many not similar technologies, he said. But before right away that hazard had been mostly overblown.
"Just since the technology is there does not meant that privacy invasions contingency happen," he said.
The disparity now, he said, was that the descending cost of storage and estimate power done it far simpler to keep information such as e-mail conversations, Tweets or postings to a amicable network page than it was to outlay the time handling and deletion the information.
The emigration of human amicable communication from fleeting forms that took place face to face in to information that never goes away and does not enable us to dont think about or leave at the back the past activities was positively going to change society, he said.
"Forgetting is a really absolute amicable apparatus that helps us obtain by and obtain along," he said.
As lives are lived more and more online or around the phone it has led, mentioned Mr Schneier, to a incident in that everybody has to be the defender of their own privacy policy.
"That's new and basically unnatural," he said.
Deciding what information you are ready to give up would be excellent if people were given a correct choice, he said.
Unfortunately, he said, users of amicable networking sites or any online service were being presented with choices tangible by priorities they did not choose.
The choices are filtered by the law, that is being outstripped by technological change, leaving people with usually what net firms give them or can obtain away with.
"The amicable manners are being set by businesses with a distinction motive," he said.
Facebook has faced a fusillade of critique about its privacy settings and notwithstanding bid to residence user concerns, has one after another to fret privacy campaigners.
Google team leader Eric Schmidt said, after the quarrel about its StreetView service scooping up wi-fi data: "If you have something that you do not wish any person to know, may be you shouldn't be carrying out it in the initial place."
Talking about privacy policies on web sites, Mr Schneier mentioned they were hard to find and comprehend since it was in the fascination of those sites to upset people in to disclosing more than they were cozy with.
The more information about their members that sites collected the improved they can offer advertisers or use the information for their own selling purposes, he said.
"We are right away saying the demise of privacy," he said. "Those CEOs are carrying out it and carrying out things to dive its demise."
In a few senses, he said, this was not their mistake since the prolongation of information was a innate by-product of the way that computers work.
But, he said, this did not meant that authorised and technological protections were not needed. The law was currently abdicating its purpose and there was a dire need for collection that could help people succeed their online presences.
He mentioned that how you attend to privacy right away would conclude how future generations courtesy us in the same way that commentators right away look critically on the wickedness constructed as a by-product of the industrial revolution.
"They are going to look back at us and look at the things you do to attend to the wickedness complaint of the information age and panel of judges us," he said.
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