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

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

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