How can you leverage artificial intelligence and make sense of data from different industries to determine whether a customer is creditworthy or whether an account is a mule account? Guy Sheppard, general manager of financial services at Aboitiz Data Innovation, discusses a case study.
As this technology is automated, it can also scan more accesses because a new rule doesn’t need to be created for each access. You can jump from a 1% audit rate to a 99% audit rate.
Modern applications and architectures are permeating more deeply into organizations to transform back-office functions as well as those that directly affect the customer experience, according to Kara Sprague, F5's executive vice president and general manager of application delivery.
The proliferation of IoT devices and cloud has created a more vulnerable attack landscape, while technologies such as AI and deep learning can potentially thwart zero-day threats, says Itai Greenberg, chief strategy officer at Check Point Software Technologies.
Anyone using machine-learning models to support so-called artificial intelligence capabilities must prioritize ethical design to ensure the systems work equally well for all, says industry veteran Diana Kelley. She also discusses how to include and keep people in cyber.
Learn how advanced analytics and machine learning help financial organizations proactively detect and prevent fraudulent payments.
As new payment types proliferate globally, payment and identity fraud is also skyrocketing. In 2021, global card fraud losses hit a staggering $28.58 billion.
To survive and stay...
Proofpoint, which was acquired by private equity firm Thoma Bravo in 2021, has merged with Dathena, a New York-based AI data protection platform. Dathena's platform will address the need in Proofpoint's cloud management platform for safeguards against breaches and data exposure.
Two Senate leaders on Thursday introduced legislation that would form a working group charged with monitoring the security of AI data obtained by federal contractors. This body would also ensure that the data adequately protects national security and recognizes privacy rights, the lawmakers say.
The U.S. Department of Commerce this week announced the establishment of an artificial intelligence advisory committee set to counsel President Joe Biden and other federal agencies on issues ranging from privacy concerns to data security, along with global competition and inherent biases.
Nat Smith, senior director security analyst at Gartner, describes what factors potential buyers should consider when vendors pitch artificial intelligence-enabled security solutions.
Citing a need to secure artificial intelligence technologies, NIST is working to create risk management guidance around the use of AI and machine learning, the agency has announced. NIST is seeking feedback to address governance challenges.
Some 95% of today’s compromises are either zero-day exploits or malware-free attacks; that means that signature-based behavioral defenses only work for 5% of attacks, says Joe Head of Intrusion Inc. He discusses how to use massive lists of historical data to train AI to spot and stop malicious activity.
Does the West want to have its digital existence defined by adversaries, or is it ready to devote the time, resources, expertise and planning required to more fully take control of its evolving destiny? That's the techno-Darwinian call to arms issued by Jeremy Fleming, the director of Britain's GCHQ intelligence...
The COVID-19 pandemic has led to an uptick in financial crimes, a sudden rise in digital banking activities and resources working from home. As a result, the AML landscape has become more challenging for financial institutions and other AML-regulated entities.
How has the AML regulatory climate shifted most...
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