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Making Banking a More Effortless Experience

CIO Business Intelligence

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

Banking 108
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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 100
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How Serious Is The Lack Of Machine Learning Talent?

The Accidental Successful CIO

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. The banking and financial services sector have been showing a steady increase in demand across the board for AI-enhanced robotic process automation tools.

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Four of the Biggest Financial Data Breaches of 2019

Galido

Perhaps not surprisingly, banks, insurance companies, and other financial-service firms are 300 times more likely to suffer from a cyber-attack than other industries. What caused the security failure is not yet known, but the exposed documents were viewable to anyone without the need for authentication. First American Financial Corp.

Financial 100
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3 ways to deter phishing attacks in 2023

CIO Business Intelligence

In fact, CIO has reported that it takes only a few minutes for experienced hackers to set up a social engineering attack against enterprises (and their managed service providers) that consider themselves to be secure and protected. Deploy email authentication standards on enterprise email servers to check and verify inbound emails.

Training 139
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CISA Warns of IDOR Vulnerabilities Abused for Data Breaches

SecureWorld News

Web applications have become an integral part of our daily lives, facilitating everything from online banking to social networking. However, as these applications handle sensitive user data, they have also become attractive targets for cybercriminals seeking unauthorized access or manipulation of personal information.

Data 81
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CIOs Struggle To Find The Machine Learning Employees That They Need

The Accidental Successful CIO

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. Customers are starting to demand AI enabled applications and solutions. In the U.S.,