London Women’s Forum would like to extend an invitation to our members to join Thomson Reuters and the Atlantic Council on Tuesday 26 September for the launch of our joint publication: “Big Data: A Twenty-First Century Arms Race” hosted by the City of London Corporation.

Today our society faces a range of unprecedented and increasingly sophisticated threats, whether in the form of cyber attacks, organised crime, drug trafficking, terrorism, money laundering, slavery and human trafficking, or corruption. But just as “bad actors” in all these activities become ever more skilful in using “big data” for ill intent, the explosion of data and our increasing ability to use the power of data science to analyse and link big data from disparate sources provide the potential means to counter these threats and realise big data as a tool for good.

Using both AI and human expertise, intelligence and law enforcement agencies as well as global financial institutions can now use technology to connect information from many sources to identify risk, mitigate these threats and identify and catch these bad actors. Equipping public authorities with the right powers and tools, and ensuring maximum cooperation and data sharing with the private sector, is an urgent imperative. But it raises difficult challenges. In particular, balancing the exploitation of data to fight crime with the need to protect the individual’s right to privacy is proving hard.

This event will discuss a series of papers brought together by the Atlantic Council and Thomson Reuters to examine how the big data revolution can help increase global security. The two panels will explore how, on the one hand the public sector and law enforcement can use big data to greater effect, and on the other how the private sector can use and share data to fight crime whilst respecting data protection requirements.

Keynote speaker:

Ian Dyson, Commissioner of the City of London Police

Panel 1: Big Data: The Latest Tool in Fighting Crime

How are intelligence and law enforcement agencies using big data to help defend against criminal and terrorist threats, both domestic and foreign?

Panel 2: Big Data: Mitigating Financial Crime Risk

How does the private sector manage to meet regulatory requirements, including those on anti money laundering, KYC and sanctions as well as those on data protection, whilst at the same time using big data effectively to ensure better compliance, improve monitoring and reporting, and prevent illicit financial flows?

Panelists include:

Els de Brusser, Senior Researcher and Senior Lecturer at the Hague University Centre of Expertise Cybersecurity
Phil Cotter, Managing Director, Risk, Thomson Reuters
Marc Fungard, Global Head of Intelligence & Analytics, Financial Crime Threat Mitigation, HSBC
Tom Neylan, Senior Policy Analyst, Financial Action Task Force (FATF)
Tatiana Tropina, Senior Researcher, Max Planck Institute for Foreign and International Crime
Rob Wainwright, Director, Europol
Malcolm Wright, Head of AML and Transaction Monitoring, Thomson Reuters