Data Analytics, Surveillance, and Privacy: Key Concepts in Business and Government

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17 Terms

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Data Trail

an electronic record of the transactions or activities of a person or organization, including financial transactions, cell phone use, and internet usage

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Function Creep

the gradual widening of the use of a technology or system beyond its original purpose, often leading to privacy concerns

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Fusion Center

state-owned and operated centers that gather, analyze, and share threat-related information between state, local, federal, and private partners

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Government Intervention

regulatory action taken by governments to change decisions made by individuals, groups, or organizations about technology, social, or economic matters

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National Security Agency (NSA)

a U.S. intelligence agency within the Department of Defense responsible for collecting, processing, and protecting communications and information for national security

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Slippery Slope

a course of action that seems to lead inevitably from one step to unintended and often negative consequences

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Social Credit Score

China's system for monitoring and rating the trustworthiness of individuals, where good ratings give benefits and negative ratings can restrict travel or access to services

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Surveillance

the monitoring of behavior, activities, or data for information-gathering purposes through electronic equipment or intercepted communication

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Business Analytics (BA)

the process of transforming data into insights to improve business decisions

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Business Intelligence (BI)

the process of analyzing historical and current data to uncover insights for decision-making

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Data Mining

discovering hidden patterns, correlations, and anomalies in large datasets to extract useful knowledge

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Data Warehouse

a data management system designed to centralize and consolidate data to support BI and analytics

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Dashboard

a tool used to track, analyze, and display KPIs, metrics, and data points to monitor business or process health

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Democratization of Information

making digital information accessible to non-technical users without requiring IT involvement

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Descriptive Analytics

data analysis that explains what happened (hindsight)

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Predictive Analytics

data analysis that describes what is likely to happen (insight)

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Prescriptive Analytics

data analysis that describes how to make a desired outcome happen (foresight)