• Title/Summary/Keyword: Risk Analytics

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Data Analytics for Social Risk Forecasting and Assessment of New Technology (데이터 분석 기반 미래 신기술의 사회적 위험 예측과 위험성 평가)

  • Suh, Yongyoon
    • Journal of the Korean Society of Safety
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    • v.32 no.3
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    • pp.83-89
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    • 2017
  • A new technology has provided the nation, industry, society, and people with innovative and useful functions. National economy and society has been improved through this technology innovation. Despite the benefit of technology innovation, however, since technology society was sufficiently mature, the unintended side effect and negative impact of new technology on society and human beings has been highlighted. Thus, it is important to investigate a risk of new technology for the future society. Recently, the risks of the new technology are being suggested through a large amount of social data such as news articles and report contents. These data can be used as effective sources for quantitatively and systematically forecasting social risks of new technology. In this respect, this paper aims to propose a data-driven process for forecasting and assessing social risks of future new technology using the text mining, 4M(Man, Machine, Media, and Management) framework, and analytic hierarchy process (AHP). First, social risk factors are forecasted based on social risk keywords extracted by the text mining of documents containing social risk information of new technology. Second, the social risk keywords are classified into the 4M causes to identify the degree of risk causes. Finally, the AHP is applied to assess impact of social risk factors and 4M causes based on social risk keywords. The proposed approach is helpful for technology engineers, safety managers, and policy makers to consider social risks of new technology and their impact.

Industrial Safety Risk Analysis Using Spatial Analytics and Data Mining (공간분석·데이터마이닝 융합방법론을 통한 산업안전 취약지 등급화 방안)

  • Ko, Kyeongseok;Yang, Jaekyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.147-153
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    • 2017
  • The mortality rate in industrial accidents in South Korea was 11 per 100,000 workers in 2015. It's five times higher than the OECD average. Economic losses due to industrial accidents continue to grow, reaching 19 trillion won much more than natural disaster losses equivalent to 1.1 trillion won. It requires fundamental changes according to industrial safety management. In this study, We classified the risk of accidents in industrial complex of Ulju-gun using spatial analytics and data mining. We collected 119 data on accident data, factory characteristics data, company information such as sales amount, capital stock, building information, weather information, official land price, etc. Through the pre-processing and data convergence process, the analysis dataset was constructed. Then we conducted geographically weighted regression with spatial factors affecting fire incidents and calculated the risk of fire accidents with analytical model for combining Boosting and CART (Classification and Regression Tree). We drew the main factors that affect the fire accident. The drawn main factors are deterioration of buildings, capital stock, employee number, officially assessed land price and height of building. Finally the predicted accident rates were divided into four class (risk category-alert, hazard, caution, and attention) with Jenks Natural Breaks Classification. It is divided by seeking to minimize each class's average deviation from the class mean, while maximizing each class's deviation from the means of the other groups. As the analysis results were also visualized on maps, the danger zone can be intuitively checked. It is judged to be available in different policy decisions for different types, such as those used by different types of risk ratings.

A Study on Convergence Family Function and parameter validation fusion of youth protection factor (융합적 가족 기능과 청소년 보호요인의 매개검증에 관한 연구)

  • Jang, Chun-Ok
    • Journal of the Korea Convergence Society
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    • v.6 no.4
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    • pp.121-126
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    • 2015
  • Korea Youth Panel (2008) has 2 panels of the 5th year of Knowledge data to perform statistical analysis and regression analysis, the risk factors in the risk conditions of the family of functional deficits, protective factors, the relationship between the mediating effect of psychological adaptation and protective factors verification mechanisms and the psychological adaptation level it is an objective to analyze the protective factors that protect the high youth. To investigate the differences by frequency analysis and personal characteristics of the analyte's was performed t test using PASW (Predictive Analytics Software) 18.0. And to verify the effect of the parameters is performed rank regression analysis for verification of the effects of protection factors for adaptation. Rather than focusing on youth risk factors in social welfare practice field, focusing on processes and protective factors to reduce the risk factors, it is possible to convert the viewpoint overlooking the youth exposed to risk factors. Also, for young people experiencing difficulties that features loss of the family, it is determined that the prepared foundation which can be provided in the direction of social welfare practical intervention.

A Study on Development of Internal Information Leak Symptom Detection Model by Using Internal Information Leak Scenario & Data Analytics (내부정보 유출 시나리오와 Data Analytics 기법을 활용한 내부정보 유출징후 탐지 모형 개발에 관한 연구)

  • Park, Hyun-Chul;Park, Jin-Sang;Kim, Jungduk
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.30 no.5
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    • pp.957-966
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    • 2020
  • According to the recent statistics of the National Industrial Security Center, about 80% of the confidential leak are caused by former and current employees in the case of domestic confidential leak accidents. Most of the information leak incidents by these insiders are due to poor security management system and information leak detection technology. Blocking confidential leak of insiders is a very important issue in the corporate security sector, but many previous researches have focused on responding to intrusions by external threats rather than by insider threats. Therefore, in this research, we design an internal information leak scenario to effectively and efficiently detect various abnormalities occurring in the enterprise, analyze the key indicators of the leak symptoms derived from the scenarios by using data analytics and propose a model that accurately detects leak activities.

COVID-19 Risk Analytics and Safe Activity Assistant Systemwith Machine Learning Algorithms (머신 러닝 알고리즘을 이용한 COVID-19 Risk 분석 및 Safe Activity 지원 시스템)

  • Jeon, DoYeong;Song, Myeong Ho;Kim, Soo Dong
    • Journal of Internet Computing and Services
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    • v.22 no.1
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    • pp.65-77
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    • 2021
  • COVID-19 has recently impacted the world with the large numbers of infected and deaths. The development of effective COVID-19 vaccine has not been successful. Hence, people have a high concern on the infection of this disease. The infection information from the governmantal public organizations are mainly based on simple summary statistics. Consequently, it is hard to assess the infection risks of individual person and the current location of the person. In this paper, we present a machine learning-based software system that analyzes COVID-19 infection risks and guidelines for safe activities.This paper proposes a suite of risk factors regarding COVID-19 infection and deaths and methods to quantitatively measure the individual and group risks using the proposed metrics. The proposed system utilizes a clustering algorithms and various software approaches that reflect the information and features of inviduals and their geograpical locations.

On the Development of Risk Factor Map for Accident Analysis using Textmining and Self-Organizing Map(SOM) Algorithms (재해분석을 위한 텍스트마이닝과 SOM 기반 위험요인지도 개발)

  • Kang, Sungsik;Suh, Yongyoon
    • Journal of the Korean Society of Safety
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    • v.33 no.6
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    • pp.77-84
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    • 2018
  • Report documents of industrial and occupational accidents have continuously been accumulated in private and public institutes. Amongst others, information on narrative-texts of accidents such as accident processes and risk factors contained in disaster report documents is gaining the useful value for accident analysis. Despite this increasingly potential value of analysis of text information, scientific and algorithmic text analytics for safety management has not been carried out yet. Thus, this study aims to develop data processing and visualization techniques that provide a systematic and structural view of text information contained in a disaster report document so that safety managers can effectively analyze accident risk factors. To this end, the risk factor map using text mining and self-organizing map is developed. Text mining is firstly used to extract risk keywords from disaster report documents and then, the Self-Organizing Map (SOM) algorithm is conducted to visualize the risk factor map based on the similarity of disaster report documents. As a result, it is expected that fruitful text information buried in a myriad of disaster report documents is analyzed, providing risk factors to safety managers.

Bank Capital, Efficiency and Risk: Evidence from Islamic Banks

  • ISNURHADI, Isnurhadi;ADAM, Mohamad;SULASTRI, Sulastri;ANDRIANA, Isni;MUIZZUDDIN, Muizzuddin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.841-850
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    • 2021
  • This study aims to evaluate the relationship between bank capital, efficiency, and risk in Islamic banks. We use data from 129 Islamic banks in the world, retrieved from various data sources. We retrieved specific banking data from Moody's Analytics BankFocus and Thomson Reuters Eikon, while data at the country level was obtained from the World Bank website. This study uses various estimates both Pooled OLS (Ordinary Least Square) and Random Effect (RE). However, to overcome the issue of serial correlation which could cause bias in the results of the study, we used fixed-effect (FE) cluster estimates. The research results confirm the previous findings that bank capital positively affects bank stability (natural logarithm of Z-Score) and negatively affects credit risk (loan loss provision to total liabilities). The findings also show that efficiency has the same effect. The interaction test of bank capital and efficiency shows that efficiency encourages banks to reduce risk, including when bank capital is relatively lower. This finding is expected to have implications for the authorities to boost bank efficiency in addition to establishing several regulations related to capital. The efficiency implemented by the bank will encourage banks to act prudently so that the bank can maintain its performance through risk mitigation.

Fast Visualization Technique and Visual Analytics System for Real-time Analyzing Stream Data (실시간 스트림 데이터 분석을 위한 시각화 가속 기술 및 시각적 분석 시스템)

  • Jeong, Seongmin;Yeon, Hanbyul;Jeong, Daekyo;Yoo, Sangbong;Kim, Seokyeon;Jang, Yun
    • Journal of the Korea Computer Graphics Society
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    • v.22 no.4
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    • pp.21-30
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    • 2016
  • Risk management system should be able to support a decision making within a short time to analyze stream data in real time. Many analytical systems consist of CPU computation and disk based database. However, it is more problematic when existing system analyzes stream data in real time. Stream data has various production periods from 1ms to 1 hour, 1day. One sensor generates small data but tens of thousands sensors generate huge amount of data. If hundreds of thousands sensors generate 1GB data per second, CPU based system cannot analyze the data in real time. For this reason, it requires fast processing speed and scalability for analyze stream data. In this paper, we present a fast visualization technique that consists of hybrid database and GPU computation. In order to evaluate our technique, we demonstrate a visual analytics system that analyzes pipeline leak using sensor and tweet data.

A Web-GIS Based Monitoring Module for Illegal Dumping in Smart Cities

  • Han, Taek-Jin
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_1
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    • pp.927-939
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    • 2022
  • This study was conducted to develop a Web-GIS based monitoring module of smart city that can effectively respond, manage and improve situation in all stages of illegal dumping management on a city scale. First, five technologies were set for the core technical elements of the module configuration. Five core technical elements are as follows; video screening technology based on motion vector analysis, human behavior detection based on intelligent video analytics technology, mobile app for receiving civil complaints about illegal dumping, illegal dumping risk model and street cleanliness map, Web-GIS based situation monitoring technology. The development contents and results for each set of core technical elements were evaluated. Finally, a Web-GIS based 'illegal dumping monitoring module' was proposed. It is possible to collect and analyze city data at the local government level through operating the proposed module. Based on this, it is able to effectively detect illegal dumpers at relatively low cost and identify the tendency of illegal dumping by systematically managing habitual occurrence areas. In the future, it is expected to be developed in the form of an add-on module of the smart city integration platform operated by local governments to ensure interoperability and scalability.

IMPROVING SOCIAL MEDIA DATA QUALITY FOR EFFECTIVE ANALYTICS: AN EMPIRICAL INVESTIGATION BASED ON E-BDMS

  • B. KARTHICK;T. MEYYAPPAN
    • Journal of applied mathematics & informatics
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    • v.41 no.5
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    • pp.1129-1143
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    • 2023
  • Social media platforms have become an integral part of our daily lives, and they generate vast amounts of data that can be analyzed for various purposes. However, the quality of the data obtained from social media is often questionable due to factors such as noise, bias, and incompleteness. Enhancing data quality is crucial to ensure the reliability and validity of the results obtained from such data. This paper proposes an enhanced decision-making framework based on Business Decision Management Systems (BDMS) that addresses these challenges by incorporating a data quality enhancement component. The framework includes a backtracking method to improve plan failures and risk-taking abilities and a steep optimized strategy to enhance training plan and resource management, all of which contribute to improving the quality of the data. We examine the efficacy of the proposed framework through research data, which provides evidence of its ability to increase the level of effectiveness and performance by enhancing data quality. Additionally, we demonstrate the reliability of the proposed framework through simulation analysis, which includes true positive analysis, performance analysis, error analysis, and accuracy analysis. This research contributes to the field of business intelligence by providing a framework that addresses critical data quality challenges faced by organizations in decision-making environments.