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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. Mr. Cao elaborated that it taps into large artificial intelligence (AI) models to visualise correlations as well as changes to networks, traffic and applications in real time.

Banking 59
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Cybersecurity: A vertical industry application?

Network World

Yes, some industries have different regulations, use cases or business processes that demand specific security controls, but overall every company needs things like firewalls, IDS/IPS, threat management gateways and antivirus software regardless. These drivers include: Increasing business focus on cybersecurity. CISO progression.

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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. In March, a hacker accessed credit card applications from Capital One. The Westpac/PayID Breach.

Financial 100
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SD-WAN Helping Financial Services Achieve Greater Digital Agility, Cybersecurity

CIO Business Intelligence

Three-quarters (74%) of banks experienced a rise in cyber crime since the pandemic began in 2019. These days, it’s not unusual for a customer to access a bank’s mobile app to check their account balance, deposit a check or chat with a representative. During the pandemic, that threat multiplied exponentially.

WAN 111
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Solarflare’s Open Compute Platform, Software-Defined, NIC Card

CTOvision

This is the industry’s first universal kernel bypass (UKB) solution which includes three techniques for kernel bypass: a POSIX (Portable Operating System Interface) sockets-based API (Application Program Interface), TCP (Transmission Control Protocol) Direct and DPDK (Data Plane Development Kit). The SFN8722 has 8 lanes of PCle 3.1

Software 194
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Solarflare’s Open Compute Platform, Software-Defined, NIC Card

CTOvision

This is the industry’s first universal kernel bypass (UKB) solution which includes three techniques for kernel bypass: a POSIX (Portable Operating System Interface) sockets-based API (Application Program Interface), TCP (Transmission Control Protocol) Direct and DPDK (Data Plane Development Kit). The SFN8722 has 8 lanes of PCle 3.1

Software 151
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CIOs are worried about the informal rise of generative AI in the enterprise

CIO Business Intelligence

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. In a recent post, McKinsey noted that generative AI is expected to have a “ significant impact across all industry sectors.”