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Data Security Standards Are Evolving in Response to Rising Threats

Smart Data Collective

In 2018 alone, over 1,200 data breaches were orchestrated and nearly 450 million records were compromised. We are more than 70 years into the digital age. Better Government Regulation. The government has always struggled to enforce its laws on the prevention of cybercrime, for a few different reasons.

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How Big Data Will Make Or Break Future Smart Cities

Smart Data Collective

In today’s digital age, big data is incorporated into many aspects our daily lives. A 2018 study by McKinsey shows that smart cities are going to be highly dependent on big data. A primary question for every city government is how to spend money. There are expected to be 29 smart cities by 2025. Sustainability.

Big Data 279
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Developments in AI and IMF Positions Can Make Bitcoin Legally Tender

Smart Data Collective

However, the IMF’s support is a strong vote of confidence in the digital currency. In a blog post published in March 2018, the IMF explained that “Bitcoin is not legal tender in any jurisdiction.” These benefits will help the IMF and governments all around the world become more likely to endorse bitcoin.

Banking 317
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Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

That rose to 19% by 2018. Apple Pay, Samsung Pay, other eWallets and digital payments have continually grown in popularity in the last few years (again, especially during the Covid-19 pandemic) and this has pushed older payment methods like cash further down the pecking order. By the end of 2021, 70% of card payments were contactless.

Big Data 299
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AI Advances Minimize Risk of Site Accessibility Lawsuits in eCommerce

Smart Data Collective

The United States federal government has published updated regulations on accessibility requirements in Information and Communication Technologies (ICT) contained in two federal laws. In 2018 alone, 2,258 website accessibility lawsuits were filed in federal court.

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Protecting Your Cryptocurrency Wllets with Machine Learning

Smart Data Collective

If you have invested in Bitcoin or another cryptocurrency, then you are going to want to make sure that your digital coins are properly secured. This means that anybody that is possible victim will need to leverage AI-driven cyber security measures to protect their digital assets. This includes anybody that purchases cryptocurrencies.

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eCommerce Companies Use AI to Ensure their Sites Are ADA Compliant

Smart Data Collective

The ADA is modeled after the Civil Rights Act of 1964 in that it ensures that people with mental or physical disabilities are not discriminated against in the workplace while purchasing goods and services and when participating in state and local government programs and services. between Q1 of 2017 and Q1 of 2018. That’s a lot of cash!