Artificial intelligence (AI) has emerged as a transformative force across various industries, and fraud prevention and detection are no exceptions. As financial institutions and insurance companies increasingly integrate AI into their operations, they find themselves at the forefront of this technological revolution. However, while AI offers
On December 16, 2024, the Maine Attorney General received a report from Regional Care, Inc. ("RCI"), a healthcare management company, detailing a significant data breach that impacted sensitive personal information. This breach, which was initially detected on September 18, 2024, has compromised the names, birth dates, Social Security numbers, and
The increasing cyber threats and stringent global regulatory requirements have driven organizations to seek more sophisticated encryption methods. Recognizing this urgent need, Eurofiber entered into a strategic partnership with Quantum Bridge and Juniper Networks to enhance its quantum-safe infrastructure solutions. This collaboration aims to
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