To score and to protect? Big data (and privacy) meet SME credit risk in the UK. / Marriott, Jane; Robinson, Gavin.

In: International Data Privacy Law, Vol. 7, No. 1, 07.04.2017, p. 48-69.

Research output: Contribution to journalArticlepeer-review

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To score and to protect? Big data (and privacy) meet SME credit risk in the UK. / Marriott, Jane; Robinson, Gavin.

In: International Data Privacy Law, Vol. 7, No. 1, 07.04.2017, p. 48-69.

Research output: Contribution to journalArticlepeer-review

Harvard

Marriott, J & Robinson, G 2017, 'To score and to protect? Big data (and privacy) meet SME credit risk in the UK', International Data Privacy Law, vol. 7, no. 1, pp. 48-69. https://doi.org/10.1093/idpl/ipw024

APA

Vancouver

Author

Marriott, Jane ; Robinson, Gavin. / To score and to protect? Big data (and privacy) meet SME credit risk in the UK. In: International Data Privacy Law. 2017 ; Vol. 7, No. 1. pp. 48-69.

BibTeX

@article{8be8245e5be54f008bcc509d8ce3d430,
title = "To score and to protect? Big data (and privacy) meet SME credit risk in the UK",
abstract = "Recent UK legislation facilitating the credit scoring of small and medium-sized enterprises using Big Data techniques and Open Data sources threatens to further hollow out information management norms and data subject rights enshrined in privacy and data protection law just as it is gathering unprecedented momentum in courts and on statute books across the EU.After examining the economic rationale for such measures and their envisaged impact on the credit risk industry, we argue that the associated regulatory re-shuffling and privacy-related safeguards are highly unlikely to address adequately the serious accuracy, transparency, and accountability concerns of individual data subjects.Would the effective, full enforcement of data protection principles and data subject rights really cripple the credit reference industry to the detriment of the nascent economic recovery, or is there a middle path and will the forthcoming EU General Data Protection Regulation provide it?",
author = "Jane Marriott and Gavin Robinson",
year = "2017",
month = apr,
day = "7",
doi = "10.1093/idpl/ipw024",
language = "English",
volume = "7",
pages = "48--69",
journal = "International Data Privacy Law",
issn = "2044-4001",
publisher = "Oxford University Press",
number = "1",

}

RIS

TY - JOUR

T1 - To score and to protect? Big data (and privacy) meet SME credit risk in the UK

AU - Marriott, Jane

AU - Robinson, Gavin

PY - 2017/4/7

Y1 - 2017/4/7

N2 - Recent UK legislation facilitating the credit scoring of small and medium-sized enterprises using Big Data techniques and Open Data sources threatens to further hollow out information management norms and data subject rights enshrined in privacy and data protection law just as it is gathering unprecedented momentum in courts and on statute books across the EU.After examining the economic rationale for such measures and their envisaged impact on the credit risk industry, we argue that the associated regulatory re-shuffling and privacy-related safeguards are highly unlikely to address adequately the serious accuracy, transparency, and accountability concerns of individual data subjects.Would the effective, full enforcement of data protection principles and data subject rights really cripple the credit reference industry to the detriment of the nascent economic recovery, or is there a middle path and will the forthcoming EU General Data Protection Regulation provide it?

AB - Recent UK legislation facilitating the credit scoring of small and medium-sized enterprises using Big Data techniques and Open Data sources threatens to further hollow out information management norms and data subject rights enshrined in privacy and data protection law just as it is gathering unprecedented momentum in courts and on statute books across the EU.After examining the economic rationale for such measures and their envisaged impact on the credit risk industry, we argue that the associated regulatory re-shuffling and privacy-related safeguards are highly unlikely to address adequately the serious accuracy, transparency, and accountability concerns of individual data subjects.Would the effective, full enforcement of data protection principles and data subject rights really cripple the credit reference industry to the detriment of the nascent economic recovery, or is there a middle path and will the forthcoming EU General Data Protection Regulation provide it?

U2 - 10.1093/idpl/ipw024

DO - 10.1093/idpl/ipw024

M3 - Article

VL - 7

SP - 48

EP - 69

JO - International Data Privacy Law

JF - International Data Privacy Law

SN - 2044-4001

IS - 1

ER -