CIO

OCTOBER 20, 2022

Vishing: Voice over IP (VoIP) and Plain Old Telephone Services (POTS) are also susceptible to phishing attacks – attackers use speech synthesis software and automated calls to solicit victims to share bank details and login credentials. Independently confirm with the institute or organization if you can. Double check.

Banking 880

Banking Security Security Win 880

Smart Data Collective

APRIL 10, 2023

With the increasing reliance on digital transactions and data storage, it has become more important than ever for financial institutions to ensure that their data is secure. According to American Banker, 79 financial institutions reported data breaches affecting over 1,000 customers in 2022.

Banking 198

Banking Security Security Advantage 198

Smart Data Collective

SEPTEMBER 19, 2022

Big Data is the collection and processing of huge volumes of different data types, which financial institutions use to gain insights into their business processes and make key company decisions. Through big data insights, financial institutions can offer personalized services as well as predict consumer behavior.

Banking 323

Banking Profiling Startups Advantage 323

Smart Data Collective

SEPTEMBER 24, 2022

Hackers also manipulate employees by assuming the identity of a trusted source, which could be a vendor, financial institution, or even a government agency. Hackers may also take screenshots to match login information with specific websites. Keylogging. Hackers deploy malware or spyware using one of the above methods.

Information 290

Information Security Security Education 290

Smart Data Collective

JULY 30, 2019

According to a study done by the Ponemon Institute, the average cost for each stolen record containing confidential or proprietary information is $148. A message saying you need to update your anti-virus software or have an outstanding invoice may lead to giving up login credentials. There also may be hefty costs to repair the damage.

Security 223

Security Security Business Loss 223

Smart Data Collective

MAY 14, 2021

These assistants are useful for fielding routine requests like password or personal information changes, as well as helping customers make payments and transfers, check balances, or resolve login issues. The government has started using big data more than ever , which has made it an institution that relies on virtual agents.

Banking 212

Banking Retail Information Technology 212

Wink Intel

JANUARY 24, 2022

One of the newest virtual assistants won the gold medal this year, with Metromile’s Help Bear offering both preset options and a predictive free-text entry field that understands inquiries about several topics including claims, billing and login help.

Competitive Intelligence 40

Competitive Intelligence Competitive Positioning Win Innovation 40