What does it give me as a developer?
Saves you time, since you don't have to code the db access portion.
How will my code differ from the individual SELECT statements that I use now?
You will use either attributes or xml files to define the class mapping to the database tables.
How will it help with DB access and security?
Most frameworks try to adhere to db best practices where applicable, such as parametrized SQL and such. Because the implementation detail is coded in the framework, you don't have to worry about it. For this reason, however, it's also important to understand the framework you're using, and be aware of any design flaws or bugs that may open unexpected holes.
How does it find out about the DB schema and user credentials?
You provide the connection string as always. The framework providers (e.g. SQL, Oracle, MySQL specific classes) provide the implementation that queries the db schema, processes the class mappings, and renders / executes the db access code as necessary.
