Jeff Frick, cohost of theCUBE, from the SiliconANGLE Media team, forecasts huge changes in Big Data. He sat down with Gartner Managing Vice President Joe Bugajski during MIT CDO Forum West, sponsored by SAP and Intel, to discuss what’s revolutionizing the IT industry and society as a whole.

The industry conference kicked off with a film and panel discussion about the human face of Big Data. Bugajski said that although Big Data is in its early days, much can be done, and much needs to be done. “There is enormous opportunity beyond anything we’ve seen so far in the Internet revolution,” he said.

Bugajski noted that Big Data’s evolution will span many industries. We’ll see changes in business, as well as government, education and more. “Every major technological revolution is preceded by great ideas,” he said. “The new things that we’re finding get the excitement going and the investment moving. Then we have opportunity to explore; the excitement builds and it grows some more. We’re just at the very beginning of this cycle.”

What are appropriate data boundaries?

Ethics is a major and valid concern when it comes to the vast amounts of data culled from smartphones and computers and how companies use it. Boundaries must be drawn between what’s acceptable use and what invades our privacy.

“The boundaries have to be drawn as a society, as a culture, in our businesses and homes,” said Bugajski. “We have to make those decisions; set the parental controls, if you will. One of the chief data officer’s primary missions is to understand what that data can do and how it can contribute to the well-being and also the harm of an organization.”

CDOs must also protect data from the government, at a certain level, and third-party hackers. “You can’t build a castle around your data; however, we need to protect against unethical, immoral or illegal activity,” said Bugajski. “We need to create algorithms that detect and prevent the onset of this activity. Companies often don’t know how to detect behavior that’s spoofed. Spoofing attacks are so close to real behavior that they are difficult to detect. Those are going to be challenges that the current generation has to address.”

Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of MIT CDO West.

Photo by SiliconANGLE