The Legal Side of Big Data
After watching the video, The Legal Side of Big Data, I have a better understanding of the legality behind Big Data. Prior to the video, my understanding for Big Data was that much of it was an invasion of privacy and perhaps even illegal.
What should businesses be aware of when using big data?
I have learned that Big Data company's must ensure that a contract is in place that states a company owns the data it has collected. The implementation of a contract is intended to prevent data from getting into the wrong hands. Businesses must be aware of the confidentiality involved in collecting the data and must protect the data from getting in the hands of a party that is not authorized or responsible to receive the information. I have also discovered that these companies must be aware to protect the data collected as a Trade Secret, to keep information confidential.
What should consumers be aware of?
In my opinion, consumers should be aware of their presence on any sort or internet mode. However, it is difficult to avoid from your information being accessed by Big Data company's in the society that we live in today. My suggestion would be to try to be conscious that almost anyone may be able to view whatever content I share, to prevent private information from being accessed. Unfortunately, I still do not think we can avoid Big Data company's from accessing our personal information.
What is the best way to balance the opportunities and threats presented by the development of big data?
I believe that the best way to balance opportunities and threats presented by Big Data is to establish some sort of agency or committee that tracks and surveys Big Data collection. This would be an incredibly difficult task, but is worth the challenge if it means less personal data being shared with the wrong types of crowds. I think that an agency tracking this type of activity is the best solution to balancing opportunities with threats as it could present a barrier to data collected using Big Data from being abused or shared illegally.