Daily Archives: September 4, 2016

Incompetent officials blindly believe data minining results

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Increasingly for money laundering, security, officials are using data mining of financial and other data to short list the account or individual who will be guilty, However the criteria for selecting is not correct, as it does not consider new technologies and new government rules, or people who lead unconventional lives like spinsters . As a result in India, the lives of harmless innocent individuals are destroyed and a huge amount of indian tax payer money has been wasted because of data mining errors . Though data mining is considered to be an in demand technology, there are many loopholes which can be exploited to cause manipulated results.