Big Data: A Twenty-First Century Arms Race

Report by Atlantic Council and Thomson Reuters: “We are living in a world awash in data. Accelerated interconnectivity, driven by the proliferation of internet-connected devices, has led to an explosion of data—big data. A race is now underway to develop new technologies and implement innovative methods that can handle the volume, variety, velocity, and veracity of big data and apply it smartly to provide decisive advantage and help solve major challenges facing companies and governments

For policy makers in government, big data and associated technologies like machine-learning and artificial Intelligence, have the potential to drastically improve their decision-making capabilities. How governments use big data may be a key factor in improved economic performance and national security. This publication looks at how big data can maximize the efficiency and effectiveness of government and business, while minimizing modern risks. Five authors explore big data across three cross-cutting issues: security, finance, and law.

Chapter 1, “The Conflict Between Protecting Privacy and Securing Nations,” Els de Busser
Chapter 2, “Big Data: Exposing the Risks from Within,” Erica Briscoe
Chapter 3, “Big Data: The Latest Tool in Fighting Crime,” Benjamin Dean, Fellow
Chapter 4, “Big Data: Tackling Illicit Financial Flows,” Tatiana Tropina
Chapter 5, “Big Data: Mitigating Financial Crime Risk,” Miren Aparicio….Read the Publication (PDF)