Whether you want to play roulette or bet on the races, the internet makes everything accessible at the click of a button. Online casinos have been around since the late 1990s and their popularity has grown steadily ever since then. By 2029, the number of online gamblers is expected to cross the 291 million mark. This is great news for online gambling operators. But, … [Read more...] about Fraud Prevention in Online Gambling: Balancing the Need for Security and Speed
fraud
Risk Assessment and Fraud Detection in Fintech with Big Data
Big data is changing the way fintech companies handle fraud detection and risk assessment. As the fintech landscape changes with time, the demand for robust security measures is more important than ever. Big data technologies are playing a significant role in this transformation. They empower fintech companies to analyze vast amounts of transactional data accurately. This … [Read more...] about Risk Assessment and Fraud Detection in Fintech with Big Data
Your Sensitive Data Is Public Record
I have had my data stolen multiple times over the years when a company that has my data is the victim of a hack. It used to feel like a very infrequent event and often the data compromised was not particularly sensitive. Lately, it seems like every few weeks I am getting another letter alerting me that my data has been stolen. The list has included my employer, my cellular … [Read more...] about Your Sensitive Data Is Public Record
Significance of Fraud Detection – Effective Strategies to Prevent Fraud
A study reveals that US consumers lost approximately $10 billion in fraud, surpassing the previous year's record by 14%. Fraud comes in various forms and is continuously evolving as cybercriminals upgrade their nefarious ways with the use of advanced technology. It is more paramount than ever before to develop robust guidelines and effective preventive measures to combat this … [Read more...] about Significance of Fraud Detection – Effective Strategies to Prevent Fraud
Unveiling the Criticality of Red Teaming for Generative AI Governance
As generative artificial intelligence (AI) systems become increasingly ubiquitous, their potential impact on society amplifies. These advanced language models possess remarkable capabilities, yet their inherent complexities raise concerns about unintended consequences and potential misuse. Consequently, the evolution of generative AI necessitates robust governance mechanisms to … [Read more...] about Unveiling the Criticality of Red Teaming for Generative AI Governance
