The Legal Side of Big Data
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Big data, which is described as volumes of collected data, can be both a powerful but dangerous tool, if it falls into the wrong hands. The security of big data can be problematic, as hackers have been able to access consumers’ data that’s stored by businesses.
Businesses & Big Data
Businesses collect data from their customers and store all of it, meaning that they store millions upon millions of pieces of data. One example in which a business’s data was hacked that Doug LaLone discusses in his lecture is Target, where around 740 million data records were exposed. This can deeply hurt businesses and their relationship with their customers, because the customers will lose trust in the business. It’s crucial that customers are able to trust the companies that they purchase from because if there’s no trust, they’ll choose to do business with other businesses instead.
Consumers & Big Data
Consumer data is collected by nearly every business that they visit, including e-mail, address, phone number, and even their purchase history. It’s important that we, as the consumers, are aware of how we can protect our data, including solutions I’ll discuss later in my post. At times, we may even be unaware of what data of ours is accessible on online websites such as Facebook, which is scary to think about. We like to think that we’re in control when it comes to our private information, but that may not always be the case.
Possible Solutions
In the lecture “The Legal Side of Big Data”, given by Doug LaLone, he discusses possible solutions to the issue of how we can protect our personal data. For businesses, this may include using strict contracts to ensure the confidentiality of your data from third party companies. As for consumers, we can always check our privacy settings on websites that we frequent, and be cautious when giving out our personal information. Our personal information is a valuable tool, and it’s important that we take measures to protect it.









