Risk management has long played an important role in data protection. Over the past three years, CIPL has hosted a series of multinational workshops and published two white papers on risk management and its role in effective modern data protection.
In this paper we focus on the interaction of risk management with other data protection concepts and tools and the steps necessary to implement privacy risk management in the context of big data and analytics. It is increasingly apparent that in addition to legal norms, risk management is essential to protecting privacy effectively in a world of significant technological developments, including big data, ubiquitous surveillance, interconnected devices (i.e. the “Internet of Things”), exponential increases in storage capacity (and decreases in storage costs), computational capacity and pervasive networks.
The paper explores how to interpret and apply traditional privacy principles in the modern information age.
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