An unintentional insider threat (UIT) is a current or former employee, contractor, or business partner who has or has had an authorized access to an organization’s network, system, or data and who, through action or inaction without malicious intent, unwittingly…
Category: Banking
Cases of Bank Insider Threats
It is reported that at least 60% of cyber-attacks in financial institutions are attributed to privileged users, third-party partners, or malicious employees. This occasionally happens through employee negligence, or when an employee has malicious intentions, leading them to commit deliberate…
IoT Threats to Banking
IoT is evolving and will be one of the biggest revolutionary phases in the banking industry. Within the last two decades, the internet has been on the rise in popularity, we are in an era where developers have taken the…
Banking in a Smart City
A smart city is a digitally transformed city were cutting edge emerging technologies like the internet of things, artificial intelligence (AI), robotics, cloud computing, crowdfunding disrupting traditional banking models by enhancing the quality of urban services and inversely reducing the…
Banking with Robots
With the advancements in artificial intelligence, the use of robotics has become an essential component in the banking sector. Robotics has been applied in different operations to enhance financial management, security operations, and customer support. It has been deployed in…
20 Ways AI is Being Used in Banks
Artificial intelligence (AI) came into limelight in 1950 when mathematician Alan Turing published a paper titled; “Computing Machinery and Intelligence.” Since then, there has been an intensified level of research on the benefits of AI and how well it can…
Banking with Drones
“Drones Overall Will be more impactful than I think people recognize, in positive ways to help society” ~ Bill Gates Drones are positioned to save lives, hurricane hunting, Infrastructure maintenance, aerial photography, supporting law enforcement, protecting wildlife, 3D mapping, guided tours,…
Artificial Intelligence Threats to Banks
Artificial Intelligence is the theory and development of computer systems that perform tasks that usually require human intelligence such as hearing, speaking, understanding and planning. In AI, algorithms enrich machines with cognitive functions to enable them to perceive their environment…