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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.

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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. companies in all industries posted 115,100 job ads for software engineers, a category that includes AI developers.

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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

In the financial services sector, Oracle signed TD Bank, Silicon Valley Bank, Societe Generale in France, and the company expects to close a deal with BNP Paribas soon, Ellison said, according to a transcript from Seeking Alpha. While overall revenue including services and license support rose 4% year over year to reach $10.5

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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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Data breach exposes 1.6 million Washington state residents who filed unemployment claims in 2020

GeekWire

State Auditor Pat McCarthy’s office blamed the breach on a third party software provider named Accellion , whose services are used to transmit computer files. “I million claims and included the person’s name, social security number and/or driver’s license or state identification number, bank information, and place of employment.

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X vs PayPal: Ex-Twitter might become the WeChat of the West

Dataconomy

With this transformation, a pivotal feature set for X will be centralized around banking and payment services. X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. . Sound like a déjà vu moment?

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Technology News and Hot Topics

CTOvision

Last week technology news site Re:Code announced that it would stop hosting comments on its own sites as the conversation around stories was already happening on social media. Rush-hour traffic forces banks to embrace technology. Royal Bank of Scotland Fined Million Over Technology Failure.

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