Banks, like other businesses, are taking precautions to make customers feel safe during the COVID-19 pandemic. Placing physical distancing markers on the floor, sanitizing ATMs, installing plexiglass partitions at teller booths and requiring scheduled appointments are just some of the ways financial institutions are mitigating risks for customers. Video surveillance can play a vitally important role right now, as banks look to ensure compliance with these new COVID-related safety measures. IP cameras with intelligent security analytics can help rapidly and accurately detect compliance issues, as well as other suspicious or atypical behavior. After all, banks must continue to monitor physical security even throughout the pandemic and today’s IP cameras with intelligent system-on-chip (SoC) technology can help lessen this burden with highly accurate notifications.
The U.S. Department of Energy (DOE) announced $37 million in funding for research and development in artificial intelligence and machine learning methods to handle data and operations at DOE scientific user facilities.
The First Five Consortium, named for the critical first five minutes in responding to a disaster, will apply artificial intelligence and deep learning methodologies to address emergency preparedness and disaster response.
To address this current losing war with cyberattackers, the future of cybersecurity requires augmenting the current focus of “indicators of compromise” with “indicators of exposure & warning” in real-time. Where the measure would be to gauge the shift of incident management that would tilt on managing more incidents at warning stages than on compromise stages. It is imperative to build an AI engine to perform this very task as that would be the only way to perform in real-time, scale with the growing nature of cloud as well as to cover the evolving nature to attack scenarios.
The results of a global study examining the financial impact of data breaches reveals that the incidents cost companies $3.86 million per breach on average, and that compromised employee accounts were the most expensive root cause.
Deloitte’s third edition of the “State of AI in the Enterprise” survey finds businesses are entering a new chapter in AI implementation where early adopters may have to work harder to preserve an edge over their industry peers.
Security has been and always will be important to humans. At the deepest level, all humans have an innate desire for security and protection and this desire now extends to our digital footprint.
Artificial Intelligence (AI) has gone mainstream when it comes to customer interactions, according to a new report from the Capgemini Research Institute.
There is a trade-off between technology innovation and security. The adoption of emerging technologies like 5G will fuel the proliferation of Internet of Things (IoT) which are often built with basic security controls, creating a larger attack surface. At the same time, reliance on data means that data breaches can cause greater damage.
NY Governor Andrew M. Cuomo announced the opening of the new Terminal B Arrivals and Departures Hall at LaGuardia Airport that includes new security and safety initiatives.
