Personal information of many individuals is held by large internet companies and organisations. Do you think the advantages of this situation outweigh the disadvantages?

It is claimed that reputable internet
companies
are carrying large amounts of personal
data
from their customers. In my view,
although
this
phenomenon has a
number
of benefits, some drawbacks can be named without any outweigh. There are a
number
of merits regarding the personal
information
that
companies
have about customers. By having a vast
amount
of
data
,
companies
can benefit from hindsight when they want to provide services for their consumers. To clarify, they can calculate the required
amount
of
data
usage and the
number
of
people
who use their services.
Hence
,
companies
can expand their services related to what they need. Yet another reason is that
this
amount
of
data
can be used for other
companies
to advertise their products more accurately through the tastes and interests of customers. Citizens who are enthusiastic about items of clothing;
for example
, can benefit from the intelligence advertisements of related manufacturers in their emails.
On the other hand
,
people
not only feel insecure about passing their personal
information
to internet
companies
but
also
they might be afraid of cyber fraud. If a company cannot preserve those
data
safely and securely, cyber fraud may happen even with the staff of organizations who have access to the
information
.
For instance
,
this
private
information
may be used to have
people
trust a fraud to pass the
information
of their bank account.
In addition
, these days,
people
are aware of a large
amount
of news about hackers who penetrate through the database of popular websites or organizations and steal the personal
information
of
people
.
Consequently
, the
number
of
people
who do not trust
companies
with the request for personal
information
is increasing. In summary, I believe that holding many individuals'
information
by internet
companies
has merits and drawbacks at the same time with no outweigh.
Submitted by TUTOO on

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