UK watchdog The Information Commissioner’s Office (ICO) has released a comprehensive report into big data which warns companies that their data analytics activities must adhere to existing data protecting laws.
The Information Commissioner’s Office (ICO) has set out how big data can – and must – operate within data protection law.
But the report outlines that operating within the law should not be seen as a barrier to innovation.
Big data is 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’s report sets out how the law applies when big data uses personal information. It details which aspects of the law organisations need to particularly consider, and highlights that organisations can stay the right side of the law and still innovate.
Read more from the ICO about the report at: Big data ‘not a game played by different rules’, says regulator
Download the full report from the ICO here (PDF)