White House report embraces ‘big data’, privacy rules

Grazed from Virtualization.net. Author: Agence France Presse.

A study ordered by US President Barack Obama and released Thursday concludes that analysis of “big data” can help society in many ways, from improving health care to spurring economic growth. But the report also said the vast expansion of computer analytics of large data banks creates new threats to privacy, and recommended updated rules and laws to protect stored information.

“The big data revolution presents incredible opportunities in virtually every sector of the economy and every corner of society,” said John Podesta, a former White House chief of staff who led the Big Data and Privacy Working Group. Podesta, in a blog post accompanying the report, said “big data is saving lives” by helping analyze trends in disease, infection and caring for babies born prematurely, among other things…

He added that “big data is making the economy work better,” for example, by using data from sensors to determine when maintenance is needed for planes and trucks, to manage peak utility demand and avert outages…

Read more from the source @ http://www.virtualization.net/7318-white-house-report-embraces-big-data-privacy-rules/#ixzz30w8KiP64

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