Banks are in the pursuit of finding feasible ways of securing systems and services from rampant cybersecurity threats. There have been enough financial frauds in the recent past to drive banking institutions into considering novel methods of risk monitoring and prevention. Data analytics offers impactful solutions in this respect.
Analytics solutions that have been customized to deliver anti-fraud services to banking firms are enabling a modern, technology-driven approach in managing security concerns. Intelligence and automation are the mainstays of advanced analytics solutions, making fraud analytics the key for relevant and reliable security capabilities.
The extent to which fraud analytics can save banks from exposure to risks depends on the security features provided by the vendors, as well as on a banking firm's ability to implement the solutions optimally. This article talks about the events leading up to the widespread adoption of fraud analytics in banking and what banks can expect from the analytics tools.
Scope of Overcoming Challenges
Adopting advanced technology has become viable from a financial and utility point of view. High network speeds, cloud computing, artificial intelligence, machine learning, IoT, and data analytics are making their way into every-day business applications. As advantageous as these technologies might be for banks, they have given rise to cybersecurity risks. Cybercriminals are....
Digital marketing is deeply embedded in our daily lives as we spend most of our online. Organisations have extensively started using digital mediums for their marketing campaigns.
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Companies use various platforms like search engines, social media, emails, online shopping websites to connect with current as well as prospective customers for their marketing campaigns.
In an event at the Brookings Institution on October 23rd, Richard Spencer, Navy Secretary, said that the service is struggling to beat back threats to cybersecurity and the supply chain. He remarked that “We are woefully behind”. He added that the service is planning to improve facing cyber threats. The newly established positions of special assistant/chief information officer filled by Aaron Weis prove this.
This job includes four directorates who are aimed at modernizing the service for a digital age and protecting the Navy by keeping it strictly against cyber threats. It is not the same as once it was years ago as the thinking and level of engagement on cyber have evolved in the last year.
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In the movie Ex Machina (2014), a technologist creates a robot that is so lifelike and self-aware that she can pass for human. When her inventor tasks a young programmer with testing the limits of her capabilities, she surprises both men with her capacity for creativity and deception.
While this makes for an entertaining storyline, the reality is that we’re still a long way from seeing robots of any real sophistication when it comes to true artificial intelligence (AI). Articles in newspapers and on media sites would have you think otherwise, often positioning robots, machine learning systems, and even algorithms as different types of AI.
However, while these kinds of systems are developed while working on AI research and development, they don’t display any real intelligence.
Complete Read Here: Setting the Story Straight on AI
The ancient Egyptians famously gave us paper and the pyramids, but were also early adopters of the stripy sock.
Scientists at the British Museum have developed pioneering imaging to discover how enterprising Egyptians used dyes on a child’s sock, recovered from a rubbish dump in ancient Antinoupolis in Roman Egypt, and dating from 300AD.
New multispectral imaging can establish which dyes were used – madder (red), woad (blue) and weld (yellow) – but also how people of the late antiquity period used double and sequential dying and weaving, and twisting fibres to create myriad colours from their scarce resources.
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This year, we’re celebrating a Year of Education on the Station as astronauts and former teachers Joe Acaba and Ricky Arnold have made the International Space Station their home. While aboard, they have been sharing their love of science, technology, engineering and math, along with their passion for teaching. With the Year of Education on the Station is coming to a close, here are some of the highlights from students speaking to the #TeacherOnBoard from across the country!
“The loss of Challenger not only affected a generation of school teachers but also a generation of school children who are now adults.” Ricky’s personal mission was to bring the Challenger Mission full circle and give it a sense of closure by teaching Christa’s Lost Lessons. See some of Christa’s Lost Lessons here.
The concept of surface tension is very apparent on the space station. Fluids do not spill out, they stick to each other. Cool fact: you can drink your fluids from the palm of your hand if you wanted to! Take a look at this demonstration that talks a little more about tension.
The use of bungee cords as well as hook and loop help keep things in place in a microgravity environment. These two items can be found on the space station and on the astronaut’s clothing! Their pants often have hook and loop so they can keep things nearby if they need to be using their hands for something else.
Being an effective communicator and having the ability to be adaptable are great skills to have as a teacher and as an astronaut. Joe Acaba has found that these skills have assisted him in his professional development.
The exercises that astronauts do aboard the space station help them maintain their bone density and muscle mass. They have access to resistance training through ARED (Advanced Resistive Exercise Device) which is a weight machine and for cardio, there is a bicycle and treadmill available to keep up with their physical activity.
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“Chinese sellers resort to a wide range of cunning techniques to manipulate product listings on Amazon and boost sales. WSJ’s Jon Emont investigates the fraudsters’ strategies and explains how consumers can detect sham listings”. Reblog with caption 🙃
70 percent of digital transformation projects fail to reach their stated goals. This is often because these projects are built from bottom up. In order to successfully undergo digital transformation, there has to be a collaboration of minds that is led from the top and requires every member of the board to play a vital role in the process.
To Know more visit>>> How is Cybersecurity Paving it Way in a 5G World?
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