BIG DATA, PRIVACY AND INFORMATION SECURITY IN THE EUROPEAN UNION

This article analyzes the concepts of ”big data”, ”personal data”, ”maintaining data control”, ”the right to be forgotten”, all this in the context of the new legislation imposed by the European Union. The question is whether the new European legislation has positive or negative effects on social development? The material emphasizes the fact that, in the context of the current impressive development of information technology, the recent Regulation (EU) 2016/679 of the European Parliament and of the Council, dated 27 April 2016, concerning the protection of natural persons with regard to the processing of personal data, as well as free movement of such data, seems to be in contrast, and may have negative effects on the development of the economy.