Weekly News

Published on August 10th, 2012 | by Daniel Castro


Friday Roundup (8/10/2012)

MIT Technology Review describes a new mathematical technique developed at Cornell University that allows large data sets of personal data to be shared and analyzed while guaranteeing that no individual’s privacy will be compromised. (LINK)

Outgoing Census Bureau director Robert M. Groves warns that the agency’s current methods of collecting data are unsustainable. The agency should rely more on Big Data that is already collected by private industry, he says. (LINK)

Business Insider outlines the benefits Big Data is bringing to the world of small business lending by enabling banks to make more detailed and accurate assessments of risk. (LINK)

Effective monetary policy requires good financial data. In a blog post, Lisa Pollack at the Financial TimesAlphaville blog describes the European Central Bank’s struggles to obtain useful datasets from European financial institutions. (LINK)

In two articles out this week, Kevin Fogarty of InformationWeek outlines the challenges facing mid-size and big businesses as they adapt to the Big Data revolution. (LINK) (LINK)

Another article in InformationWeek introduces a Big Data project from Topsy Labs, a 5-year-old data analytics firm based in San Francisco, which is working with Twitter to bring “real-time analysis to the social network’s endless stream of tweets.” (LINK)

E-commerce-style Big Data analytics are becoming increasingly common in brick-and-mortar retail stores, according to a recent article in Forbes. (LINK)

And finally, the U.S. Green Building Council, which administers LEED certification, has partnered with software firm WegoWise, which will allow developers and owners to monitor their building’s energy and water usage. (LINK)

Image credit: Wikimedia Commons user Stan9999

About the Author

Daniel Castro is the director of the Center for Data Innovation and vice president of the Information Technology and Innovation Foundation. Mr. Castro writes and speaks on a variety of issues related to information technology and internet policy, including data, privacy, security, intellectual property, internet governance, e-government, and accessibility for people with disabilities. His work has been quoted and cited in numerous media outlets, including The Washington Post, The Wall Street Journal, NPR, USA Today, Bloomberg News, and Businessweek. In 2013, Mr. Castro was named to FedScoop’s list of “Top 25 most influential people under 40 in government and tech.” In 2015, U.S. Secretary of Commerce Penny Pritzker appointed Mr. Castro to the Commerce Data Advisory Council.Mr. Castro previously worked as an IT analyst at the Government Accountability Office (GAO) where he audited IT security and management controls at various government agencies. He contributed to GAO reports on the state of information security at a variety of federal agencies, including the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). In addition, Mr. Castro was a Visiting Scientist at the Software Engineering Institute (SEI) in Pittsburgh, Pennsylvania where he developed virtual training simulations to provide clients with hands-on training of the latest information security tools. He has a B.S. in Foreign Service from Georgetown University and an M.S. in Information Security Technology and Management from Carnegie Mellon University.

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