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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.

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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. Banks and financial institutions understand that they need more AI workers. In the U.S.,

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Law firm is strictly watching the Houser LLP data breach

Dataconomy

Houser LLP reported the compromise of sensitive data, which encompassed names alongside potentially exposed information such as Social Security numbers, driver’s license numbers, individual tax identification numbers, financial account details, and medical information.

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Digital identity startup Evernym sells to Avast, looks to bring trust to a decentralized internet

GeekWire

There’s a lot of chatter these days about Web3 — a decentralized version of the internet that operates outside the confines and grips of social media and technology giants. “This could be a log-in credential, but it could also be a vaccine record, diploma, hotel reservation, driver’s license, etc.

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Healthcare Provider Suffers Data Breach Impacting 1.3 Million Patients

SecureWorld News

These steps include "the ongoing investigation, a password reset with enhanced security measures across the enterprise, and the implementation of multifactor authentication for all users of its systems.". However, the organization points out that there is no evidence the information was misused by the threat actor—at least not yet.

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10 emerging innovations that could redefine IT

CIO Business Intelligence

The fascination in the idea comes from the observation that AI models don’t need the same kind of precision as, say, bank ledgers. One potential algorithm, for instance, might be a digital drinking license that would guarantee that a beer buyer was over 21 years old without revealing their birth month, day, or even year.

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How to make Facebook secure for organizational use: no more excuses! - Trends in the Living Networks

Trends in the Living Networks

Worklight has just released a Facebook application called Workbook , reports Dan Farber , which authenticates users with an organization’s identity systems, and enables closed communication within the Workbook application between Facebook users. The same thing is happening with social networks. So the excuses are running out.

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