The exposure of sensitive customer or financial data poses a major security risk for companies, especially those that focus on handling private customer data such as insurance companies, banks and credit card companies.

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This data, which is pivotal to decisions around financial investments as risk and return are analyzed, can now be disclosed in a more coherent and efficient matter now that standards are being established as with the GRI (Global Reporting Initiative) and the US launch of the SASB (Sustainability Accounting Standards Board).

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Standard data mining focuses on structured data and looks at traditional financial forms such as insurance claims and bank account applications to build a risk profile.

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