Big data is transformative because it provides entrepreneurs with valuable insights into their businesses. Coupled with artificial intelligence and machine learning, big data has the potential to deliver better marketing returns. It can also inform product development, increase efficiency, reduce excess inventory, and prevent fraud. However, big
In our increasingly digital age, the generation and transfer of data have skyrocketed, raising significant concerns about the protection of personal information. The exploitation of sensitive data such as names, addresses, credit card details, and identities is a growing challenge that necessitates immediate and effective solutions. To address
In today's digital age, financial institutions face the challenging task of balancing robust security measures with a seamless user experience. As the financial landscape rapidly evolves with technological advancements, this balance becomes particularly crucial in the context of fraud prevention and resolution. Jennifer White, Senior Director for
The recent cyberattack on Kurita America, a subsidiary of Tokyo-based Kurita Water Industries, has sent shockwaves through the water treatment sector, highlighting the urgent need for enhanced cybersecurity measures. On November 29, unauthorized access to Kurita America's servers led to the encryption of sensitive company data, forcing the U.S.
As businesses grapple with an ever-evolving digital landscape, the alarming rise in data breaches is a looming threat that cannot be ignored. With projections indicating a staggering 4,306 data breaches by 2025, driven by inadequate cybersecurity measures and sophisticated cyberattacks, it is crucial for organizations to reevaluate their defense
The U.S. government has taken decisive action against Sichuan Silence, a cybersecurity firm headquartered in Chengdu, China, for its role in launching ransomware attacks on critical infrastructure in 2020, including thousands of Sophos XG firewalls around the globe. This move highlights the increasing threat that cyberattacks pose to essential