資源描述：
《sensitive information in financial industry》由會員上傳分享，免費在線閱讀，更多相關內容在學術論文-天天文庫。
1、SasaPalavestraSensitiveInformationinFinancialIndustryIntranetandInternetSecurityCMPT320StefanRobila05/03/2007IntroductionFinancialindustryisprimarilyinformationdrivenindustry.Consumerfinancialtransactionsgeneratehugeamountsofpersonaldata.EveryATMtransaction,creditcardpur
2、chase,checkdepositandloanapplicationleaveselectronictracesintheformoftransactionrecordsatbothyourbankandthecounterparty’sfinancialinstitution.Financialinstitutionscanusetheinformationacquiredinthecourseofbusinessbeyondthebasicfunctionofrenderingtheservicerequestedbytheco
3、nsumer.Databasesofcustomerdataprovideinsightsintocustomerhabitsandallowinstitutionstoconnectconsumerswithproductstheyarelikelytowant.Thesedatabasescreateaprofileofactivities,interestsandpreferencesusedtoinvestigatebackgrounds,checkcredit,marketproductsandmakeawidevariety
4、ofdecisionsaffectingourlives(Solve,2004).Detailedtransactiondatabasesalsoallowfinancialinstitutionstomoreefficientlypriceproducts.Forexample,dataminingtoolsenablebetterestimateandunderstandimportantcoststhatarenotknownbeforesuchascreditriskandpriceloanproductsaccordingly
5、.Customer’sinformationisquitevaluabletobusinesses.Foryears,thecourtshaveheldthatcustomerlistarevaluableandcanbeprotectedastradesecrets.Financialinformationisaninterestingclassofpersonalinformationtolookatfromaprivacyperspectivebecauseitexistsinlargequantities,isnon-publi
6、candisoftensensitive,yetasinglypieceofinformationcanbehandledbyawiderangeofentities.Clearly,somelevelofinformationsharingisneededtoeffectuatefinancialtransactions.Itwouldnotbepossible,forexample,todepositapaycheckinyourbankwithoutyouremployeranditsbankalsoknowingtheimpor
7、tantdetails.Whileaconsumerunderstandsthisnecessity,advancesindatabasesandcommunicationtechnologynowallowfinancialinstitutionstocompilevastamountsofdataabouttheircustomersandevencreateprofilesoftheirpersonalfinancialhabits.Twoprimaryconcernsaboutprivacyandsensitivedatahan
8、dlinginfinancialindustryare:informationsharingandinformationsecurity.Thesetwoclassesofconcernsareusuall
