Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • 3 Signs Your TOM isn’t Working for You
  • Winning with AI: How UK Fintechs Can Navigate Complexity and Lead Innovation
  • “My business almost died, twice – here’s how I saved it”
  • How to become a High Growth SME
  • Hospitality industry risks collapse
  • Whistleblowing and the Cost of Silence: Why SMEs Must Have Policies in Place
  • Rewiring the UK’s investment landscape with AI
  • What Swedish SME Managers Can Teach UK Businesses About Remote Work
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»Technology»ICO urges organisations to harness the power of data safely
data security

ICO urges organisations to harness the power of data safely

0
Posted By sme-admin on June 22, 2023 News, Technology

The Information Commissioner’s Office (ICO) is recommending organisations to start using privacy enhancing technologies (PETs) to share people’s personal information safely, securely and anonymously.

These types of technologies open unprecedented opportunities for organisations to harness the power of personal data through innovative and trustworthy applications, by allowing them to share, link and analyse people’s personal information without having access to it.
PETs can be used to share anonymised personal information to detect and prevent financial crimes and related harms such as fraud, money laundering, and cybercrimes.

The ICO has launched new PETs guidance, which is aimed at data protection officers and others who are using large personal data sets in finance, healthcare, research, and central and local government.

John Edwards, UK Information Commissioner, said: “If your organisation shares large volumes of data, particularly special category data, we recommend that over the next five years you start considering using PETs.
“PETs enable safe data sharing and allow organisations to make the best use of the personal data they hold, driving innovation.
“My office is committed to supporting UK businesses to develop and innovate with new technologies that respect people’s privacy and this guidance helps them to do that.”

PETs can help organisations comply with principles with data protection law by offering a secure environment, building data protection in from the beginning of a project, and minimising the amount of data that needs to be collected and retained.

Mr Edwards is at the G7 roundtable meeting in Tokyo, Japan this week, where G7 data protection and privacy authorities will highlight achievements since the previous roundtable in Bonn, Germany in September 2022, which includes the significant PETs work the ICO has delivered.

The G7 regulators will also be considering data free flow with trust, enforcement cooperation, and other emerging technologies, specifically the recent developments and risks of generative AI technologies from a data protection and privacy perspective.

Mr Edwards said: “Together with our G7 counterparts, we are focused on facilitating and driving international support for responsible and innovative adoption of PETs, by researching and addressing barriers to adoption with clear guidance and examples of best practice.
“We are also looking ahead at emerging technologies, such as the rapid development and deployment of generative AI technologies, to ensure organisations across the world are innovating in a way that respects people’s information and privacy.”

The ICO has previously supported the UK-US PETs prize challenges, run by the Centre for Data Ethics and Innovation (CDEI), the UK and US governments, to unleash the potential of PETs to tackle global societal challenges in finance and public health. The ICO is continuing to support organisations looking to develop or adopt PETs by collaborating on a PETs cost-benefit analysis tool, in partnership with the CDEI.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Winning with AI: How UK Fintechs Can Navigate Complexity and Lead Innovation

Whistleblowing and the Cost of Silence: Why SMEs Must Have Policies in Place

Rewiring the UK’s investment landscape with AI

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting
Get £100 of free trades - ii trading account

The Newsletter

Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

Sign Up
Events Calendar
    • Marketing
    June 16, 2025

    “My business almost died, twice – here’s how I saved it”

    June 5, 2025

    Why marketing budgets are wasted without sales alignment

    • Finance
    June 17, 2025

    Winning with AI: How UK Fintechs Can Navigate Complexity and Lead Innovation

    June 13, 2025

    Rewiring the UK’s investment landscape with AI

    • Health & Safety
    January 29, 2025

    UK takeaways guilty of shocking hygiene failures:

    December 18, 2024

    Comment on Covid Corruption Commissioner Investigation

    • Events
    May 27, 2025

    Jose Ucar Confirmed for Leadership Live 2025 Speaker Line-Up

    November 19, 2024

    Seventeenth Global Entrepreneurship Week (GEW)

    • Community
    June 2, 2025

    National Charity Accelerates Children’s Reading Through New Corporate Partnership

    May 14, 2025

    Social care experts launch an online marketplace to disrupt a sector in crisis.

    • Food & Drink
    June 16, 2025

    Hospitality industry risks collapse

    June 4, 2025

    Creative Nature Launches Its First-Ever Kids’ Snack Bar Range in Tesco Nationwide

    • Books
    April 24, 2025

    Values-Driven Professionalism: A Path to Client Loyalty

    December 2, 2024

    Banish the banshee boss: how to lead without fear – addressing the issue of fear-based management and how NOT to be this manager

    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Most Recent Posts
    June 17, 2025

    3 Signs Your TOM isn’t Working for You

    June 17, 2025

    Winning with AI: How UK Fintechs Can Navigate Complexity and Lead Innovation

    June 16, 2025

    “My business almost died, twice – here’s how I saved it”

    June 16, 2025

    How to become a High Growth SME

    June 16, 2025

    Hospitality industry risks collapse

    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health

    Copyright © 2020 SME Today.

    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.