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Secure and Efficient k-NN Queries
Hafiz Asif1, Jaideep Vaidya1, Basit Shafiq2
1MSIS Department, Rutgers University, USA.
This study introduces a secure k-NN computation protocol for financial portfolio matching. The novel approach enables efficient, privacy-preserving k-NN queries in distributed environments.
Area of Science:
- Computer Science
- Financial Technology
- Cryptography
Background:
- Ranking and best match queries are crucial for navigating large datasets.
- k-Nearest Neighbors (k-NN) queries identify the k closest data points to a query, with broad applications.
- The financial sector requires secure methods for querying sensitive investment portfolio data.
Purpose of the Study:
- To develop a secure k-NN computation protocol for distributed multi-party environments.
- To address the challenge of querying sensitive financial data while preserving privacy.
- To incorporate domain semantics into secure k-NN computations for financial applications.
Main Methods:
- Development of a novel secure k-NN computation protocol.
- Implementation of the protocol in a distributed multi-party setting.
- Evaluation of the protocol's efficiency and security in financial portfolio matching scenarios.
Main Results:
- The proposed secure k-NN protocol demonstrated high efficiency in experimental tests.
- The protocol successfully enabled secure k-NN queries on sensitive financial data.
- Domain semantics were effectively integrated into the secure computation framework.
Conclusions:
- The developed protocol offers an efficient and secure solution for k-NN queries in the financial sector.
- This work advances privacy-preserving data analysis in distributed financial environments.
- The protocol's efficiency and security make it suitable for real-world applications involving sensitive investment data.
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