The Challenges of Big Data for Business - MyAssignmenthelp.com

Question: What are the ethical and security issues surrounding big data? Answer: Big data is nowadays utilised by many big organisations which uses diverse sources of information to create, develop and store knowledge. Tailored services are provided to the organisations which does not only increase the efficiency of the companies but it is also cost effective. But Big data has been criticized due to its ethical and security issues. As per Martin (2015), Big data has several ethical issues at different levels like at Supply chain level and Industry level. It raises a bunch of ethical issues which are related to piracy, confidentiality, transparency or identity. For example, supply chain sources Big data analysis let the businesses know about the intimate and personal details about people which sometimes create privacy issues. The Big Data analytics are also used to influence the behaviours. It takes the decisions which do not account human involvement (Martin, 2015). The analytics of big data are not 100% accurate which can let the organisations take inappropriate decisions. It also discriminates among the job candidates or in promoting the candidates because automated analysis is done. The retention of huge data for the purpose of analysis may result in the destruction of civil liberties because the privacy has been lost due to big data. The data controllers may misuse the data. There is a framework of Big Data ethics which involves Identity, Privacy, Ownership and Reputation. The companies need to understand these issues and develop adequate approaches to handle them. The technologies should be used properly in der to avoid any ethical issue or to avoid the security conce rns (Nunan Domenico, 2013). References Martin, K E 2015, Ethical Issues in Big Data Industry, MIS Quarterly Executive. Nunan, D Domenico, M D 2013, Market research the ethics of big data, International Journal of Market Research, 55(4):505