Software group warns against privacy fears

Privacy fears have the potential to stifle big data's potential, and a software industry group is warning against strict regulations that would arrest big data's development.

Don’t let privacy fears scare the government away from big data’s potential, the Software & Information Industry Association is urging.

In an InformationWeek report, SIIA wants the policy makers to avoid broad limits on data analytics because big data is too important to the global economy.

Strict regulations would “stifle economic opportunity,” the group says in a white paper.