Cybersecurity Data Security Finance 
Smart Data Collective
OCTOBER 22, 2020
Businesses in 2021 need to take a more data-driven approach than ever before. This entails utilizing big data for marketing, optimizing finances and addressing countless other purposes. However, big data has also created some concerns for many businesses. Their internal data could be exposed.
Smart Data Collective
SEPTEMBER 16, 2022
KYC (“know your customer”), designed to verify the data of individuals, is especially relevant in the areas of lending and foreign exchange trading. AML (anti-money laundering) is a sought-after fintech tool designed to combat money laundering and the financing of banned organizations. Decentralized finance. Data security.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Smart Data Collective
SEPTEMBER 13, 2021
For example, you cannot rule out physical data theft, human error, computer viruses, faulty hardware, power failure, and natural disasters. One way to mitigate the loss of vital information is to have a sound backup system, which will improve the chances of recovering the data. Common causes and implications of losing data.
Smart Data Collective
AUGUST 27, 2020
The most common and widespread solution for data storage of any kind is the cloud, and the finance industry is no stranger to it. We’re far past the days where retailers would manually copy your card data and keep it in a folder somewhere. Credit Card Data Exposes Privacy Concerns. This could put customers at risk.
Smart Data Collective
SEPTEMBER 27, 2020
We have talked about the benefits of using big data and AI to improve cybersecurity. These include, but are not limited to, financial fraud, money laundering, terrorist financing, and evasion of sanctions. But there are other processes that could be equally important for financial institutions.
Dataversity
OCTOBER 17, 2022
It opens the door for further criminal activity such as identity theft and can damage the company’s finances and reputation. To prevent the aftermath of compromised information, businesses have been investing more than ever in building their cybersecurity architecture to strengthen […]. appeared first on DATAVERSITY.
Smart Data Collective
SEPTEMBER 22, 2021
This makes having a holistic understanding of the cyber security space essential. You also need to retain cybersecurity professionals with a background in big data. No matter what the malicious activity is, at the core most cybercrime is finance-driven. But there is nothing that a strategic approach cannot resolve.
Expert insights. Personalized for you.
270 
Let's personalize your content