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Access to business data: Is the balance of risks right?. Felix Ritchie. The contention. Access to confidential NSI data is poor because Incentives don’t encourage it Limited understanding of risk. Benefit to public Cost to NSI Cost to public. Incentives. Benefits of use
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Access to business data:Is the balance of risks right? Felix Ritchie John Deutsch Institute: Access to Business Data
The contention • Access to confidential NSI data is poor because • Incentives don’t encourage it • Limited understanding of risk John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie
Benefit to public Cost to NSI Cost to public Incentives • Benefits of use • More information available to the public • Risks of use • Loss of confidentiality • Risks of non-use • Less information circulates John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie
Problems with risk assessment • Worst-case scenarios • Reliance upon theory, not experience • Overstatements of impact • Silo mentality • Fear of the new John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie
Risk assessment: way forward? • Focus on practical risks • Focus on practical impacts • Accept non-negligible risk • Explicitly multi-dimensional model for risk management John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie
Cost & benefits: ways forward? • Open approach to risk management • Buy-in by NSI clients • Explicit acceptance of need to make value judgements about public good John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie
Summary: is the balance of risks right? • No • …probably • What’s needed? • NSI: more understanding of the real world • Researchers: more understanding of NSI • Joint acceptance of residual risk John Deutsch Institute: Access to Business Data May 2010 Felix Ritchie