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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

One of the most striking examples is in the field of cybersecurity. One poll found that 56% of companies use AI to enhance their cybersecurity strategies. On the other hand, many cybersecurity professionals are also using AI to safeguard their digital assets. AI technology is helping with cybersecurity in a myriad of ways.

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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

For example, predictive analytics detect unlawful trading and fraudulent transactions in the banking industry. Understanding the ”normal” tendencies allows banks to identify unusual behavior quickly. Additionally, getting more innovative than competitors is a gain.

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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

You also need to retain cybersecurity professionals with a background in big data. Threats like identity fraud, credit card fraud, online banking fraud, and online shopping fraud are the most widely known due to their occurrence frequency. Online banking fraud can be a type of identity fraud. They come in all shapes and sizes.

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Hybrid Cloud Challenges and How to Avoid Them

Dataversity

Hybrid cloud solutions are indispensable in achieving a balance between data security, scalability, and innovation for banking, fintech, artificial intelligence (AI), and machine learning (ML) industries.

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BFSI: Banking, Financial Services and Insurance

The BAWorld

Overview The full form of BFSI is Banking, Financial Services, and Insurance. The BFSI sector includes a collection of financial institutions such as banks, brokerage firms, insurance companies, financial regulators, responsible authorities, and global organizations. The global cybersecurity market of BFSI is projected to reach $51.4

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Improving Healthcare Cybersecurity Maturity

GAVS Technology

To defend against cyber threats effectively, healthcare organizations need a clear plan that includes understanding their cybersecurity maturity, tracking their progress, and setting clear Service Level Agreements (SLAs) and Key Performance Indicators (KPIs).

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A Financial Revolution: J.P. Morgan’s Development of a ChatGPT-like AI for Investors

Analysts Corner

In a world increasingly driven by artificial intelligence (AI), innovative companies continually explore new ways to integrate AI technology into their operations to create more efficient, personalized, and sophisticated services. Morgan, the largest bank in the U.S., A prime example is J.P. Conclusion J.P.

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