The Big Data Paradox

Big Data can be exposed to risk such as unreliable sources of data, inaccurately analysed data and misinterpretation of data.  The larger the amount of data, the bigger the target a business can become for cyber criminals and hackers.

Critical Issues relating to Big Data

·         Determine what kind of information can be shared and with whom

·         Verifying transmission of cyber information without threat of leakage

·         Accurately analysing the available data through the right algorithms and models

Limitation in analysing huge data sets

·         Overestimation of the predictive capabilities of analytics

·         Misrepresentation and manipulation of data to produce favourable results

Source | Financial Express | 6 July 2017