Mike BradfordMike Bradford, BIIA’s expert adviser on privacy and regulatory affairs, comments on the recent UK Information Commissioner’s Office (ICO) Report.  The report contains interesting statistics about the growth of data breaches, the nature of complaints and their resolution.  The report also contains the ICO’s definition of ‘Big Data’:

“… a way of analysing data that typically uses massive datasets, brings together data from different sources and can analyse the data in real time. It often uses personal data, be that looking at broad trends in aggregated sets of data or creating detailed profiles in relation to individuals, for example lending or insurance decisions”.

The ICO report refers to the Gartner IT glossary definition of big data: “Big data is high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making”.

The ICO’s report details how the law is applicable when big data uses personal information and which aspects organizations need to consider – how organizations can remain compliant but continue to be innovative.

To read the full July Regulatory Update please click on this link: 2014 July Newsletter

This update was provided courtesy of Mike Bradford BIIA’s expert on Privacy and Regulatory Affairs. Mike can be reached at Regulatory Strategies Ltd www.regulatorystrategies.co.uk or Email: mike.bradford@regulatorystrategies.co.uk