A new report released by the White House today outlines the potential and pitfalls of big data in our lives. While there is tremendous economic and social promise from big data, there is also equal prospect for abuse, especially when it comes to privacy and personal data protection.
President Obama plans to file several pieces of legislation in the coming months around consumer privacy and protection, data breach reporting and protection of school children’s data.
Last January, the president asked John Podesta, counselor to the president, to lead a working group to look into the implications of Big Data. At the same time, the President’s Committee of Advisors on Science and Technology was also looking into the matter on a more technical level. Both teams have filed initial reports, Podesta explained at a White House briefing this morning.
“Both of those reports concluded that we live in a world of near…
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