Many people put their personal information online (address, telephone number, and so on) for purposes such as signing up for social networks or online banking. Is this a positive or negative development?

A lot of people provide social networks and banks with their personal information online in order to receive their

services

. People are concerned whether

this

development is positive or not. I will discuss the pros and the drawbacks of

this

phenomenon and why

this

is primarily a negative development.

Firstly

, it is crucial to underline that the corporations we share our private details with have the legal duty to protect and keep our

data

secret, most of the time, they succeed in doing so. By sharing our

data

with those social networks, they make their service more fitting to our tastes;

therefore

, we enjoy their product more.

For instance

, in most social platforms nowadays, if we accept sharing our private information like our location, habits, and topics that draw from us the most attention and interest,

this

will result in the platform proposing posts and adverts closer to our taste. On the other side of the spectrum, it is disconcerting how used we are in sharing

such

private

data

with so many

services

that require so. Even though most companies secure our information, it is not that unusual for them to leak, sell, and often be unsuccessful in protecting our private info. Stolen

data

may result in it being used in various ways, from strangers entering our social network accounts to robbing off our balance in Online banking

services

. To sum up, we can indeed benefit from sharing our personal details with online networks and

services

,

however

, there is a huge risk on doing so, which is often underestimated by most people.

This

primary drawback is why I believe that

this

phenomenon is mostly a negative development for us and our security.