Discuss how this may conflict with your right to privacy

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Suppose that your local bank has a data mining system. The bank has been studying your debit card usage patterns. Noticing that you make many transactions at home renovation stores, the bank decides to contact you, offering information regarding their special loans for home improvements.

(a) Discuss how this may conflict with your right to privacy.

(b) Describe another situation in which you feel that data mining can infringe on your privacy.

(c) Describe a privacy-preserving data mining method that may allow the bank to perform customer pattern analysis without infringing on its customers' right to privacy.

(d) What are some examples where data mining could be used to help society? Can you think of ways it could be used that may be detrimental to society?

Reference no: EM131358718

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