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How AI-Driven Cybersecurity Drastically Impacts Our Lives

Smart Data Collective

One of the most impactful ways that AI impacts our lives is by improving our cybersecurity technology. Sridhar Muppidi, CTO of IBM Security, created a very insightful video about the benefits of AI in the field of cybersecurity. It highlights some of the most significant reasons that AI is changing the field of cybersecurity.

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How Money Laundering Concerns Require New AI Monitoring Solutions

Smart Data Collective

We have talked about the benefits of using big data and AI to improve cybersecurity. trillion’s worth of proceeds from illegal activities are funneled through legitimate banking systems every single year, coming out clean on the other end. Here’s how these solutions can help protect your company: Transaction Monitoring, Defined.

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Can ML Fix Cybersecurity Challenges in Healthcare?

Smart Data Collective

One of the biggest examples is with cybersecurity. A growing number of cybersecurity professionals can use machine learning technology to fortify their defenses against cyberattacks. They will have to find approaches to cybersecurity that make the most of advances in machine learning. The State of Cybersecurity in Healthcare.

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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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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

For example, banks now apply AI to assess credit risks with high accuracy. It’s critical to financial institutions such as banks and credit unions that earn revenue from lending money with interest. Hence, banks go through the pain of assessing every prospective borrower’s creditworthiness. Cybersecurity.

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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. ACH payments allow users to transfer cash from one bank to another online. Fortunately, big data is also a boon for cybersecurity as well. Convenience.

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Top Tools for Your Cloud Data Security Stack in 2023

Smart Data Collective

This can be done easily with the help of cloud data security tools that can automate and monitor key security functions. More notably, they have an intelligence data scanning facility that doesn’t break the bank, making it a great option for businesses trying to save on their cloud usage bill.