article thumbnail

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.

article thumbnail

Can ML Fix Cybersecurity Challenges in Healthcare?

Smart Data Collective

One of the biggest examples is with cybersecurity. A growing number of cybersecurity professionals can use machine learning technology to fortify their defenses against cyberattacks. They will have to find approaches to cybersecurity that make the most of advances in machine learning. The State of Cybersecurity in Healthcare.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI Technology is Invaluable for Cybersecurity

Smart Data Collective

One of the most striking examples is in the field of cybersecurity. One poll found that 56% of companies use AI to enhance their cybersecurity strategies. On the other hand, many cybersecurity professionals are also using AI to safeguard their digital assets. AI technology is helping with cybersecurity in a myriad of ways.

article thumbnail

Leading Trends of Fintech Development Services in 2022

Smart Data Collective

The massive digitalization of financial transactions stimulates the active growth of companies developing in the field of virtual banking or neo-banking and the provision of accounting services in a remote format. Blockchain technologies allow creating transparency for clients, banks and other institutions. Instant transfers.

article thumbnail

Is Machine Learning Changing Our Approach to Asset Management?

Smart Data Collective

Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. The banking and financial industries are no different. . Various cybersecurity domains such as malware and spyware detection are being employed by asset managers.

article thumbnail

Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

For example, banks now apply AI to assess credit risks with high accuracy. It’s critical to financial institutions such as banks and credit unions that earn revenue from lending money with interest. Hence, banks go through the pain of assessing every prospective borrower’s creditworthiness. Cybersecurity.

article thumbnail

2021 Enterprise Tech Predictions: Zero Trust, Machine Identity for AI, and Open Banking

Dataversity

2020 brought massive disruptions due to COVID-19, and the abrupt shift to a remote workforce created holes in the cybersecurity landscape for malicious actors to exploit. The post 2021 Enterprise Tech Predictions: Zero Trust, Machine Identity for AI, and Open Banking appeared first on DATAVERSITY.

Banking 162