Sun.Apr 24, 2022

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How To Improve Incident Response Time for Data Breaches

Smart Data Collective

It is no secret that cyberattacks are escalating in frequency and severity each year. They have led to a growing number of data breaches, which are creating major concerns for people all over the world. IBM reports that the average data breach cost over $4.2 million in 2021 , which is a figure that grows every year. Malicious actors are becoming increasingly crafty at intercepting communication and penetrating organizations to steal valuable data.

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The FinTech Payment Story

Fuld

Robert H. Goddard, the father of modern rocket propulsion said, “It is difficult to say what is impossible, for the dream of yesterday is the hope of today and the reality of tomorrow.” Thanks to FinTech, from peer-to-peer lending to being rewarded for making our bill payments on time, the dream of a global cashless economy is more realistic than ever.

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Manufacturers Benefit from Using AI to Facilitate Augmented Reality

Smart Data Collective

AI is changing the future of the manufacturing sector. According to one survey, 76% of manufacturing companies have either deployed AI or are in the process of developing an AI system to use in the near future. More and more the interaction between humans and machines becomes a hot topic in the manufacturing world. Leading manufacturers use AI to integrate automation in their production processes wherever possible, in order to handle repetitive tasks in a more efficient manner.

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