1. A computing system for privacy-aware sharing management comprising: a control unit, including a microprocessor, configured to: determine a usage context including a capability of a device, a usage time and a device location associated with the device, and a user context of one or more users with access to the device; analyze a privacy risk level of a resource based on a metadata concerning the resource, a collective input regarding the resource, the usage context, and identifying a privacy trigger within a substantive content included in the resource through analysis of the substantive content; retrieve one or more historical sharing profiles of the device, wherein each of the historical sharing profiles links a sharing privacy preference with a particular instance of the usage context; generate one or more options for sharing the resource with the device by generating a privacy recommendation and a security measure based on the historical sharing profile, the privacy risk level and the usage context, wherein: the privacy recommendation is for representing a choice or preference presented to the one or more users in one or more actions available to manage privacy risk, and the security measure is for representing a command or setting to implement the one or more actions to manage the privacy risk; and a storage unit, coupled to the control unit, configured to store the resource.