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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. Another overlooked aspect of the IT budget is employee monitoring.

Big Data 264
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Data Savvy Hackers Enhance Password Vulnerability In 2019

Smart Data Collective

Big data is making a number of cybersecurity risks worse than ever. A growing number of companies are starting to explore the need to utilize big data to enhance their digital security. They are also starting to recognize that hackers are using big data as well, so they need to monitor them carefully.

Big Data 179
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The Future of AI in Healthcare: Trends and Innovations

Cprime

– AI analyzes a patient’s medical history, genetics, and lifestyle to create personalized treatment plans, which is especially impactful in cancer treatment for diagnosing, personalizing treatments, and monitoring survivors. What is the impact of AI on remote monitoring of cardiac patients?

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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. What AI Features Should Be Included in an AML Transaction Monitoring System?

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What Cyber Criminals Can Do With Your Metadata

Smart Data Collective

Every time someone goes shopping or buys a service (whether online or offline), their personal data is entered into a computer database. Metadata typically contains the person’s name, address, phone number, credit card number, email address and even personal or business bank account numbers. Why a Cyber-Criminal Steals Metadata.

Banking 168
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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

There is no question that advances in data technology have led to some major changes in the financial industry. A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. Benefits of ACH payments. Convenience.

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Delivering Data Security Across Your Organization

Sisense

If you just felt your heartbeat quicken thinking about all the data your company produces, ingests, and connects to every day, then you won’t like this next one: What are you doing to keep that data safe? Data security is one of the defining issues of the age of AI and Big Data. Security Starts with People.