Rule Extraction from Privacy Preserving Neural Network: Application to Banking

In the last two decades in areas like banking, finance and medical research privacy policies restrict the data owners to share the data for data mining purpose. This issue throws up a new area of research namely privacy preserving data mining. In this paper, we proposed a privacy preservation method by employing Particle Swarm Optimization (PSO) trained Auto Associative Neural Network (PSOAANN). The modified (privacy preserved) input values are fed to a decision tree (DT) and a rule induction algorithm viz., Ripper for rule extraction purpose. The performance of the hybrid is tested on four benchmark and bankruptcy datasets using 10-fold cross validation. The results are compared with those obtained using the original datasets where privacy is not preserved. The proposed hybrid approach achieved good results in all datasets.