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

International Cyber corporations keep the personal information of people around the world. I opine that the drawbacks of fetching the people's private details by the internet companies are far greater than its benefits which I will discuss in the upcoming paragraphs. To begin with, holding the personal information is a major threat to the privacy of individuals. People like to keep private data like pictures and other information on certain websites as they do not want to share those with someone. It is an immoral practice of the cyber organisations to take store such information without individual's concern. Moreover, fetching financial information regarding people's bank accounts might also create security problems, if it gets into the wrong hands. In these modern times, money transfer so fast that just in a click astronomical sum of money can be transferred within seconds, all a hacker need is transferring account details. Therefore, personal data of the people kept by the international cyber companies is not safe for the individuals. However, keeping such information by cyber organizations might also provide some benefits to the society. Sometimes investigation departments approach these organizations to solve a mystery case. Not only does the information provided help the officers to get details about the criminal, but sometimes it proves to be helpful to track his location also. In conclusion, despite of the few advantages like helping police to solve a case, merits of holding private data by internet companies is no match for its demerits as it creates privacy as well as financial concerns.