ANZ Dashboard Digest

Big Data Raises Regulatory Concerns


August 16, 2012

The Australian Financial Review reports on Big Data from the perspective of businesses, consumers and regulators. Acting Victorian Privacy Commissioner Anthony Bendall is concerned about Big Data as “the next big headache for government regulators with far-reaching implications for citizens,” the report states. “Big Data gets talked about a lot more in terms of questions it raises than answers, to be honest,” Bendall says, noting that privacy legislation is out of sync with modern technology when it comes to Big Data and, “If we don’t change the regulations, there’s a chance there’ll be a regulatory backlash that will impede researchers.”
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