Big data, privacy and information governance: Incorporating an ethical-based assessment

  • A key concern about the IoT and big data are the challenges it presents to maintaining privacy of personal information, particularly when analytics and profiling are involved.
  • Good information governance enables organisations to meet their regulatory obligations in respect of compliance, as well as achieving an effective ethical-based approach in line with strategic objectives.
  • An ethical-based approach will ensure that the processing of personal information in big data analytics is carried out in a fair, transparent, responsible and ethical manner.

Man at laptop with technological cloud illustration overlaid on top of keyboard

As the law lags behind in rapid technology innovations, particularly in big data, artificial intelligence (AI), machine-learning and the Internet of Things (IoT), there is increasing awareness and discussion about the need for an ethical-based approach to data analytics.

This article considers why an can build trust and transparency with consumers and citizens, and why it should be part of good information governance, as a means of maximising the value of information derived from data analytics while minimising risks.

Big data

Big data describes the large volumes of data held by corporations and governments. Using analytics technology tools, insights and knowledge can be derived from the data. These insights can then be used to make informed decisions, for example, in the development of new or improved products or services providing a competitive advantage and ultimately delivering results to the bottom line.

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