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    Data Mining - Benefits and Hazards

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    What are the benefits and hazards of data mining? Please give rationale for your answer.

    © BrainMass Inc. brainmass.com March 5, 2021, 12:51 am ad1c9bdddf
    https://brainmass.com/computer-science/operating-systems/data-mining-benefits-hazards-542875

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    ADVANTAGES OF DATA MINING:

    Marking/Retailing - Data mining can aid direct marketers by providing them with useful and accurate trends about their customers' purchasing behavior.

    Banking/Crediting - Data mining can als assist financial institutions in areas such as credit reporting and loan information. For example, by examining previous customers with similar attributes, a bank can estimated the level of risk associated with each given loan.

    Law Enforcement - Data ...

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