Big Data, Bigger Risk?

In computing, big data is defined as an “extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions (Google search result).” As helpful as it is, see previous post on Infographic: Big Data, Big Improvements In Healthcare,  it poses danger as well especially when put into the hands of the big bad wolves of the Internet.

Information is in high demand because it represents power and money. People and organizations are willing pay handsomely for information, whether it’s a data feed, a trade secret, IP, credit card numbers, email addresses, passwords, or personal identities. “So much information that consumers deem personal is, in fact, quite readily accessible,” said Yoram Golandsky, CEO of cyber risk consultancy and solution provider CybeRisk Security Solutions, in an interview. “There isn’t one repository that can’t be broken into. Eventually we find a way in.” SOURCE: 14 Creepy Ways To Use Big Data | InformationWeek

To reiterate Walter O’Brien, founder and CEO of Scorpion Computer Services, “privacy is gone” because “if it’s online, it’s possible to get at it.”  From identity theft, personal and corporate information leaks, revelation of infidelity, keeping track of purchasing habits and other threats – a portion of the “2.5 quintillion bytes of data” being created each day could be at risk.

 

 


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