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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO Business Intelligence

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well.

Financial 103
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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. Before the internet, businesses worried about breaches like dodgy accountants stealing money. In March, a hacker accessed credit card applications from Capital One.

Financial 100
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Data Security and its Importance on the Internet

Galido

Information Technology Blog - - Data Security and its Importance on the Internet - Information Technology Blog. Today, more than any other time in the past, people are committed to using laptops, tablets and phones to facilitate everything in their daily lives, from business to school to social needs. Keep Systems Updated.

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How to protect your data online

Dataconomy

Each day, we all churn out a sizable amount of digital data into cyberspace as long as we are connected to the internet. For instance, they could steal money from your online bank accounts when they gain access to your login credentials. Therefore, keeping your personal data private on the internet is imperative for your safety.

Data 41
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Generative AI is pushing unstructured data to center stage

CIO Business Intelligence

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data. have encouraged the creation of unstructured data.

Data 98
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Marc Andreessen on the future of technology and the nature of government services

CTOvision

We are already seeing the use of the Internet as a reference to law, but consider it being delivered in a tailored way to inform. The Internet is changing the DMV and most every other state, federal and local government office. And consider having more online adjudication of both civil and criminal cases online.

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Guide to Protect Yourself from Identity Theft Online

Galido

The identity of a person is formed by their personal data such as name, telephone, address, photographs, social security number, bank account numbers … In short, any data that allows identifying that person. The main methods used by criminals to acquire personal information of victims using the Internet are: Virus.

Banking 81