Big Data (Ro: Big Data, De: Big Data, Fr: Big Data) (See also: Cybersecurity, Internet privacy, Cloud, Data Mining, Data protection) = an all-encompassing term for datasets too large and complex to be effectively stored and analyzed by traditional data management and processing infrastructures. Big data arrives from many sources at an extremely high velocity, volume, and variety. It can be harnessed to produce insights, goods, and services of significant value across a variety of fields. To extract meaningful values from big data it is necessary to have sophisticated processing power, analytics capabilities and skills. In most jurisdictions, such as the United States, there are no Big Data specific laws or regulations; companies utilizing Big Data must, however, comply with existing privacy and data laws in addition to contractual commitments and policy obligations.

Useful Links

Legislation - Directive 95/46/EC on the protection of individuals with regard to the processing of personal data and on the free movement of such data, 1995 [English] - Public Law 104–191—Aug. 21, 1996, 104th Congress, Health Insurance Portability and Accountability Act of 1996, 1996 [English] - Public Law 106–102—Nov. 12, 1999, 106th Congress, Gramm — Leach —Bliley Act, 1999 [English] - Directive 2009/136/EC amending Directive 2002/22/EC on universal service and users’ rights relating to electronic communications networks and services, Directive 2002/58/EC concerning the processing of personal data and the protection of privacy in the electronic communications sector and Regulation (EC) No 2006/2004 on cooperation between national authorities responsible for the enforcement of consumer protection laws, 2009 [English] COM/2012/011, General Data Protection Regulation, 2012 [English]

Case Law - United States Supreme Court, United States v. Jones, 2011 - European Court of Justice, Maximillian Schrems v Data Protection Commissioner, Oct. 2015 - United States Supreme Court, Spokeo, Inc. v. Robins, Nov. 2015

Online Publications  - Lyman, P. and Varian, H., 2003, How Much Information 2003?, School of Information Management and Systems at the University of California Berkeley - Manyika, J., Chui M., Brown, B., Bughin, J., Dobbs, R., Roxburgh, C., Hung Byers A, 2011, Big data: The next frontier for innovation, competition, and productivity, McKinsey and Company, McKinsey Global Institute


Mayer-Schönberger, V. and Cukier K., 2013, Big Data: A Revolution that Will Transform How We Live, Work, and Think, USA/Boston/New York: Houghton Mifflin Harcourt

Davenport, T., 2014, Big Data at Work: Dispelling the Myths, Uncovering the Opportunities, USA/Boston: Harvard Business Review Press

Kalyvas, J., and Overly, M., 2014, Big Data: A Business and Legal Guide, USA/Boca Raton: CRC Press Taylor & Francis Group, Auerbach Publications


By Adam Nagy