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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. Hence, employing an AI-driven effective anti-money laundering transaction monitoring system is a financial institution’s first and best line of defense against financial criminals seeking to exploit their services for unsavory purposes.

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10 Spectacular Big Data Sources to Streamline Decision-making

Smart Data Collective

You can find all sorts of information from data sources, ranging from finance and economics, drugs, content marketing, health, government, education and entertainment. It provides statistics on different areas: finance, technology, food, software, cybersecurity, covid19 pandemic, entertainment, etc. Google Trends.

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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Cybersecurity. Artificial intelligence is bolstering cybersecurity for financial institutions and other enterprises in many ways. A unique way is automating many cybersecurity tasks that a human analyst would usually perform. Hence, the application of AI in the cybersecurity field has been welcomed with open arms.

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Big Data Offers New Solutions for Disaster Mitigation Planning

Smart Data Collective

Marketing and finance are two of the functions that are most dependent on big data. Preparing for mounting concerns about cybersecurity breaches. Cybersecurity is becoming a greater concern than ever. Big data has played an important role in restoring cybersecurity for businesses of all sizes.

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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Coming back to the point, typical IT requirements may include hardware, software licenses, cybersecurity measures, and even staff salaries if you have an in-house IT team. In a nutshell, IT budgeting is the process of managing your finances wisely to make sure your tech doesn’t break the bank and keeps your business running smoothly.

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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

Fortunately, big data is also a boon for cybersecurity as well. You could also monitor clients purchasing behavior to determine unusual buying. AI and big data make it easier to thwart cyberattacks when used strategically. Be sure to call the vendor, colleague, business partner, or client directly to confirm the payment information.