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CIOs weigh where to place AI bets — and how to de-risk them

CIO

We need to be ready to respond to our CEO to solve problems with AI,” says Srini Gudipati, CIO of Covanta, a company that specializes in sustainable materials management, including large-scale recycling. Given existing relationships with Webster Bank, that includes AWS and Microsoft. “AI moves fast, so we don’t want to delay.

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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. fraud losses amounted to $5.9 fraud losses amounted to $5.9 And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses.

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5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021

Smart Data Collective

Fraudulent activity has always been a major issue for financial institutions such as banks and insurance companies. Despite extensive internal training and fraud detection manuals, they foresee a significant annual loss due to fraud cases. Efficient – Trading and wealth management. Client Risk Profile Categorization.

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Top Tools for Your Cloud Data Security Stack in 2023

Smart Data Collective

More notably, they have an intelligence data scanning facility that doesn’t break the bank, making it a great option for businesses trying to save on their cloud usage bill. Sysdig sysdig Sysdig is a container monitoring and security tool to manage complex cloud-native environments.

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. What do cybersecurity specialists do?

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AM Best Affirms Credit Ratings of Members of Standard Insurance Group and Pacific Guardian Life Insurance Company, Limited

Wink Intel

The ratings of The Standard reflect its balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM). The organization maintains good governance structure, appropriate risk management and controls.

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AM Best Affirms Credit Ratings of Members of Aegon Ltd.’s U.S. Subsidiaries

Wink Intel

The ratings reflect Aegon USA’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management. Aegon USA’s ultimate parent, announced on Oct. The transaction closed on July 4, 2023.

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