Hi Wilson,
I assume that you also have a data acquisition board in your computer with a cable to connect to the BNC-2120. The BNC-2120 is essentially a connector box for a data acquisition card. Most NI data acquisition (DAQ) cards have the same 68 pin configuration so that the mapping of the 8 digital I/Os on the DAQ card correspond with the 8 spring(or screw) terminals on the BNC-2120.
BNC-2120 CONNECTOR ACCESSORY FOR E SERIES DAQ DEVICES
http://www.ni.com/pdf/manuals/322444a.pdf
Now, it is important to note that most DAQ boards have static digital I/O. This means you must read the digital value in software. This limits the speed with which you can read digital values to the performance of your O/S and computer system (usually only 1kHz-10kHz).
If you will need hardware timed digital I/O, you might need to upgrade your DAQ card to a high-speed digital I/O card (NI PCI-6533) or a simultaneous sampling multifunction I/O board (NI PCI-6115/6120) which has timed digital I/O (correlated digital).
Anyway, hope that helps. Have a good day.
Ron