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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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DRM Protection: The Key to Securing Your eBooks

Kitaboo

Consequently, content creators and distributors are always looking for the right protection tools to safeguard the rights of authors and publishers. Mechanisms of DRM Protection Encryption Authorization and Licensing Watermarking and Traceability Controls and Permissions Expiration Control III. Advantages of DRM Protection?

eBook 78
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Low code/no code tools reap IT benefits—with caveats

CIO Business Intelligence

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. It’s for speed to market,” says CTO Vikram Ramani.

Tools 128
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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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The AI cat and mouse game has begun

CIO Business Intelligence

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 84
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SSI is the Key to Claiming Ownership in an AI-Enabled World

Phil Windley

These identities are not just tools for authentication; they're pivotal in distinguishing our human-generated creations from those produced by AI. Proof that I have a driver's license, at least for now, proves that I'm human. Bank credentials could also be used to prove humanness because of know-your-customer (KYC) regulations.

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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.

Data 36