Riesgo Risk Management\'s Fraud Management solution is a cost effective means of implementing a Fraud management system that detects, prevents and mitigates fraud. It has adaptors that may sit on servers and trigger alerts to the Fraud Management dashboard.
SAS Fraud Framework for Insurance, an end-to-end solution for preventing, detecting and managing claims fraud across the various lines of business within today's insurers
Engaging with a vendor especially one who provides some sort of Information and/or technology based services is necessary for many global organizations. Managing risks related to vendors presents its own challenges particularly if they are high technology companies such as Cloud Service Providers (CSP). Cloud based services add to the complexities of managing traditional security & compliance risks. Identifying and addressing risks associated with moving your data, applications and services are not
the only thing that an organization has to consider. An organization also needs to think about and plan for vendor related risks, legal, regulatory and contractual risks. This spectrum of risks continues to expand particularly when dealing with customers and vendors who are operating in different geographies governed by different regulations, data protection laws, culture and operating models.
For more information, visit - http://www.happiestminds.com/technology-focus/cloud-computing/
Review on 3rd-party Cyber Risk Assessment and Scoring ToolsNormShield
A recent survey conducted by Ponemon Institute reveals that 56% of companies have experienced a 3rd-party breach in 2017, which is an increase of 7% compared to previous year. Another survey conducted by Deloitte in 2016 was more depressive, reporting that 87% of organizations have experienced a disruptive incident with third-parties in the last 2-3 years. Another research in 2016, sourced by Soha Systems, reports that 63% of all breaches were related to third parties. The findings in these studies confirm that third-party cyber risk assessment is a must. The goal of this paper is to provide a review on third-party cyber risk assessment/scoring tools that automatically gather and analyze open source data and provide a risk score/security rating.
Riesgo Risk Management\'s Fraud Management solution is a cost effective means of implementing a Fraud management system that detects, prevents and mitigates fraud. It has adaptors that may sit on servers and trigger alerts to the Fraud Management dashboard.
SAS Fraud Framework for Insurance, an end-to-end solution for preventing, detecting and managing claims fraud across the various lines of business within today's insurers
Engaging with a vendor especially one who provides some sort of Information and/or technology based services is necessary for many global organizations. Managing risks related to vendors presents its own challenges particularly if they are high technology companies such as Cloud Service Providers (CSP). Cloud based services add to the complexities of managing traditional security & compliance risks. Identifying and addressing risks associated with moving your data, applications and services are not
the only thing that an organization has to consider. An organization also needs to think about and plan for vendor related risks, legal, regulatory and contractual risks. This spectrum of risks continues to expand particularly when dealing with customers and vendors who are operating in different geographies governed by different regulations, data protection laws, culture and operating models.
For more information, visit - http://www.happiestminds.com/technology-focus/cloud-computing/
Review on 3rd-party Cyber Risk Assessment and Scoring ToolsNormShield
A recent survey conducted by Ponemon Institute reveals that 56% of companies have experienced a 3rd-party breach in 2017, which is an increase of 7% compared to previous year. Another survey conducted by Deloitte in 2016 was more depressive, reporting that 87% of organizations have experienced a disruptive incident with third-parties in the last 2-3 years. Another research in 2016, sourced by Soha Systems, reports that 63% of all breaches were related to third parties. The findings in these studies confirm that third-party cyber risk assessment is a must. The goal of this paper is to provide a review on third-party cyber risk assessment/scoring tools that automatically gather and analyze open source data and provide a risk score/security rating.
Client is the leader in work orchestration and observability. Software platform helps enterprises more effectively plan, orchestrate and audit the human and automated activities that drive critical events, such as technology releases, resilience testing, operational readiness and major incident recovery.
HOW TO MEASURE WHAT HACKERS KNOW ABOUT YOUNormShield
Companies invest in cyber security to protect themselves against cyber attacks. They get cyber security products/solutions from SIEM solutions, SOC services to Firewalls, IPS/IDS devices, etc. to detect and remediate cyber incidents. With all these security measures, how safe are you? Is there a way to measure it? Or in other words, is it possible to assess your cyber risk? Sure once-a-year penetration tests and risk assessments through internal audits give some answers, but an outside-in approach with easyto-understand monitoring helps you understand your cyber security posture. In order to do that, you need to see what hackers see…
Dear Delegates,
Corporate fraud costs businesses hundreds of millions of dollars each year. It affects livelihoods and is a common
cause of corporate failure. It is the responsibility of the board of directors to prevent fraud by putting in places the
appropriate controls and review procedures. This program shows you why Accounting Information System (AIS)
Threats are ever increasing. Control risks have also increased in the last few years because there are computers
and servers everywhere, and information is available to an unprecedented number of workers. Distributed
computer networks make data available to many users, and these networks are harder to control than centralized
mainframe systems. With the introduction of 3 levels of COSO and value driven ERM, things should be under
control. Recent events at SATYAM proves that in reality things are getting out of control. So, what went wrong ?
Is it time to train the auditors ?
Recognising the challenges that organisations are facing in combating Fraud, CSI In Practice is pleased to present
this 2-days Workshop on Enterprise Fraud Risk Management. This will serve as an excellent opportunity to learn how
best to conduct an internal investigation to protect your organization and step up on controls to deter fraud.
Enterprise Fraud Management: How Banks Need to AdaptCapgemini
Fraud prevention is becoming one of the biggest areas of concern for the financial services industry. But first generation Fraud Management systems are falling short. By moving towards more enterprise approach to fraud management, financial institutions can combat the increasingly treacherous fraud and cyber crime landscape while reaping numerous benefits for the organization.
Managing risks related to vendors presents its own challenges particularly if they are high technology companies such as Cloud Service Providers (CSP).
An overview of how to develop SMART security metrics that are meaningful for targeted audience: operational, tactical and strategic. I discuss key performance and risk indicators and graphical presentation for your audience.
To eliminate DDoS false positive RADAR™ provides visibility on legitimate requests that are blocked towards each web-facing IP/target in their network environment.
Data Protection becomes increasingly important, especially in the digital world. Data Protection by Design and by Default (“DPbDD”) plays a critical role in this connection and has been enshrined in Article 25 the EU General Data Protection Regulation (“GDPR”). Data Protection by Design requires that data protection principles are to be taken into consideration at the earliest stage of the design process, while Data Protection by Default should ensure that, by default, only personal data that are necessary for each purpose of the processing are processed.
Even though Article 25 GDPR specifically addresses data controllers (e.g. companies or public administrations using software for processing personal data), developers may find it useful to get familiar with DPbDD requirements for creating GDPR compliant software that enables data controllers to fulfill their data protection obligations. This could possibly lead to competitive advantages over competitors who do not design their products with data protection principles in mind.
Insuring your future: Cybersecurity and the insurance industryAccenture Insurance
How are insurance companies faring when it comes to protecting their assets and their customers from fraud, malware, cyber attacks and a host of other security breaches? The question is important. Insurance companies hold a vast amount of data
including personally identifiable information, personal health information, credit card and bank account data, and trade secrets (their own and sometimes their clients’). Insurers
have a very distributed model for servicing, increasing the risk across the value chain. Aging legacy systems complicate matters even more.
This Blue Paper was prepared as a result of a roundtable discussion organised by the Takshashila Institution on 4 September 2017, based on the Discussion Document, Beyond Consent: A New Paradigm for Data Protection.
The discussion document brings forth a rights-based model (Rights Model) to help secure the interests of a data subject sharing his data with data controllers. This Rights Model assures to every individual, an inalienable right over his personal data. Any data collector that wishes to access a data subject's personal data must ensure that they do so in a manner that does not violate this inherent data right.
The Blue Paper highlights the recommendations of the all participants at the roundtable discussion, which was chaired by Rahul Matthan.
An assessment of the anti-money laundering (AML) / counter-terrorist financing (CFT) measures in place in Hungary: ratings, key findings and priority actions.
Introduction
Technology in the banks is presently catching up with a high level of development around the world. The gaps between the Indian banks and their counterparts in the technologically advanced countries are gradually narrowing down. The world has witnessed an information and technological revolution of late. This revolution has touched every aspect of public life including banking (Siam, 2006). Since two decades, due to an increasingly competitive, saturated and dynamic business environment, retail banks in many countries have adopted customer-driven philosophies to address the rapid and changing needs of their customers (Walker et al., 2008). Technological advances have changed the world radically, altering the manner in which individuals conduct their personal and business affairs. Over the past two decades in particular, the banking industry has invested substantial resources in bringing ICT to customers.
The banking industry is undergoing through the significant technological changes; it has several impacts on customer satisfaction and loyalty. ―It has revolutionised every industry including banking in the world by rendering faster and cost effective delivery of products and services to the customers. According to Chakrabarty, (2007) core banking solution enables banks to extend the full benefits of ATM, tele-banking, mobile banking, internet banking, card banking and other multiple delivery channels to all customers allowing banks to offer a multitude of customer-centric services on a 24x7 basis from a single location, supporting retail as well as corporate banking activities.
Now, Indian banks are investing heavily in the technologies such as branch automation and computerization, core banking, tele-banking, mobile banking (M-banking), internet banking, automated teller machine (ATMs), data warehousing etc. ICT innovations in the previous few years have changed the landscape of banks in India (Mittal and Dhingra, 2007; Kour and Kour, 2011). Today public sector and private sector banks are offering online banking services. Various alternative channels to provide easy and any where banking are properly thought of. The process of bank computerization was started since 1985 in public sector banks in India. However, some private sector banks have started computerization prior to the public sector banks in India. The banks in India are using ICT not only to improve their own internal processes but also to increase facilities and services to their customers.
Client is the leader in work orchestration and observability. Software platform helps enterprises more effectively plan, orchestrate and audit the human and automated activities that drive critical events, such as technology releases, resilience testing, operational readiness and major incident recovery.
HOW TO MEASURE WHAT HACKERS KNOW ABOUT YOUNormShield
Companies invest in cyber security to protect themselves against cyber attacks. They get cyber security products/solutions from SIEM solutions, SOC services to Firewalls, IPS/IDS devices, etc. to detect and remediate cyber incidents. With all these security measures, how safe are you? Is there a way to measure it? Or in other words, is it possible to assess your cyber risk? Sure once-a-year penetration tests and risk assessments through internal audits give some answers, but an outside-in approach with easyto-understand monitoring helps you understand your cyber security posture. In order to do that, you need to see what hackers see…
Dear Delegates,
Corporate fraud costs businesses hundreds of millions of dollars each year. It affects livelihoods and is a common
cause of corporate failure. It is the responsibility of the board of directors to prevent fraud by putting in places the
appropriate controls and review procedures. This program shows you why Accounting Information System (AIS)
Threats are ever increasing. Control risks have also increased in the last few years because there are computers
and servers everywhere, and information is available to an unprecedented number of workers. Distributed
computer networks make data available to many users, and these networks are harder to control than centralized
mainframe systems. With the introduction of 3 levels of COSO and value driven ERM, things should be under
control. Recent events at SATYAM proves that in reality things are getting out of control. So, what went wrong ?
Is it time to train the auditors ?
Recognising the challenges that organisations are facing in combating Fraud, CSI In Practice is pleased to present
this 2-days Workshop on Enterprise Fraud Risk Management. This will serve as an excellent opportunity to learn how
best to conduct an internal investigation to protect your organization and step up on controls to deter fraud.
Enterprise Fraud Management: How Banks Need to AdaptCapgemini
Fraud prevention is becoming one of the biggest areas of concern for the financial services industry. But first generation Fraud Management systems are falling short. By moving towards more enterprise approach to fraud management, financial institutions can combat the increasingly treacherous fraud and cyber crime landscape while reaping numerous benefits for the organization.
Managing risks related to vendors presents its own challenges particularly if they are high technology companies such as Cloud Service Providers (CSP).
An overview of how to develop SMART security metrics that are meaningful for targeted audience: operational, tactical and strategic. I discuss key performance and risk indicators and graphical presentation for your audience.
To eliminate DDoS false positive RADAR™ provides visibility on legitimate requests that are blocked towards each web-facing IP/target in their network environment.
Data Protection becomes increasingly important, especially in the digital world. Data Protection by Design and by Default (“DPbDD”) plays a critical role in this connection and has been enshrined in Article 25 the EU General Data Protection Regulation (“GDPR”). Data Protection by Design requires that data protection principles are to be taken into consideration at the earliest stage of the design process, while Data Protection by Default should ensure that, by default, only personal data that are necessary for each purpose of the processing are processed.
Even though Article 25 GDPR specifically addresses data controllers (e.g. companies or public administrations using software for processing personal data), developers may find it useful to get familiar with DPbDD requirements for creating GDPR compliant software that enables data controllers to fulfill their data protection obligations. This could possibly lead to competitive advantages over competitors who do not design their products with data protection principles in mind.
Insuring your future: Cybersecurity and the insurance industryAccenture Insurance
How are insurance companies faring when it comes to protecting their assets and their customers from fraud, malware, cyber attacks and a host of other security breaches? The question is important. Insurance companies hold a vast amount of data
including personally identifiable information, personal health information, credit card and bank account data, and trade secrets (their own and sometimes their clients’). Insurers
have a very distributed model for servicing, increasing the risk across the value chain. Aging legacy systems complicate matters even more.
This Blue Paper was prepared as a result of a roundtable discussion organised by the Takshashila Institution on 4 September 2017, based on the Discussion Document, Beyond Consent: A New Paradigm for Data Protection.
The discussion document brings forth a rights-based model (Rights Model) to help secure the interests of a data subject sharing his data with data controllers. This Rights Model assures to every individual, an inalienable right over his personal data. Any data collector that wishes to access a data subject's personal data must ensure that they do so in a manner that does not violate this inherent data right.
The Blue Paper highlights the recommendations of the all participants at the roundtable discussion, which was chaired by Rahul Matthan.
An assessment of the anti-money laundering (AML) / counter-terrorist financing (CFT) measures in place in Hungary: ratings, key findings and priority actions.
Introduction
Technology in the banks is presently catching up with a high level of development around the world. The gaps between the Indian banks and their counterparts in the technologically advanced countries are gradually narrowing down. The world has witnessed an information and technological revolution of late. This revolution has touched every aspect of public life including banking (Siam, 2006). Since two decades, due to an increasingly competitive, saturated and dynamic business environment, retail banks in many countries have adopted customer-driven philosophies to address the rapid and changing needs of their customers (Walker et al., 2008). Technological advances have changed the world radically, altering the manner in which individuals conduct their personal and business affairs. Over the past two decades in particular, the banking industry has invested substantial resources in bringing ICT to customers.
The banking industry is undergoing through the significant technological changes; it has several impacts on customer satisfaction and loyalty. ―It has revolutionised every industry including banking in the world by rendering faster and cost effective delivery of products and services to the customers. According to Chakrabarty, (2007) core banking solution enables banks to extend the full benefits of ATM, tele-banking, mobile banking, internet banking, card banking and other multiple delivery channels to all customers allowing banks to offer a multitude of customer-centric services on a 24x7 basis from a single location, supporting retail as well as corporate banking activities.
Now, Indian banks are investing heavily in the technologies such as branch automation and computerization, core banking, tele-banking, mobile banking (M-banking), internet banking, automated teller machine (ATMs), data warehousing etc. ICT innovations in the previous few years have changed the landscape of banks in India (Mittal and Dhingra, 2007; Kour and Kour, 2011). Today public sector and private sector banks are offering online banking services. Various alternative channels to provide easy and any where banking are properly thought of. The process of bank computerization was started since 1985 in public sector banks in India. However, some private sector banks have started computerization prior to the public sector banks in India. The banks in India are using ICT not only to improve their own internal processes but also to increase facilities and services to their customers.
This session will go into best practices and detail on how to architect a near real-time application on Hadoop using an end-to-end fraud detection case study as an example. It will discuss various options available for ingest, schema design, processing frameworks, storage handlers and others, available for architecting this fraud detection application and walk through each of the architectural decisions among those choices.
A deck looking at what Multi-channel means, the implications for the banking industry, why its important, how to get banks from zero to multichannel, and important considerations.
With this presentation by CXO 2.0 Conference, explore the cutting-edge strategies for enterprise fraud prevention and scam detection. Learn about the latest techniques, technologies, and best practices to safeguard your business against evolving fraudulent activities. Gain valuable insights into staying ahead of scammers and protecting your organization's assets.
Why Accountants Can’t Afford to Ignore Cyber Security in 2023incmagazineseo
Discover why accountants must prioritize cyber security in 2023 – essential insights to safeguard sensitive financial data and ensure business resilience.
BLOG.wedotechnologies.com a is space for sharing knowledge and experiences about Enterprise Business Assurance with voluntary contributions from WeDo Technologies' staff, our customers and special guests.
Read a selections of the best articles published on BLOG.wedotechnologies.com in 2014.
Enjoy it!
Ways To Protect Your Company From Cybercrimethinkwithniche
The Federal Bureau of Investigation FBI saw a 217 percent increase in Cybercrime Reporting between 2008 and 2021. Last year, losses reached almost $7 billion. This is due to a highly skilled cyber-threat supply network that empowers threat actors with limited know-how and limited resources to put at risk personal, economic, and national security.
Copy of The Ongoing Threat of Ransomware on Small to Medium-SiAlleneMcclendon878
Copy of The Ongoing Threat of Ransomware on Small to Medium-Sized
Businesses
SurveyMonkey
1 / 36
Q1
Your selection of agree means that you understand your
rights listed above and agree to participate in this study.
Yes
Q2
What are the impediments for the application of ransomware-specific preventative controls by small business owners?
What preventive measures is your organization adopting against
ransomware?
We provide technologies by Macafee and user
awareness.
How would describe your organization’s preparedness to curb
ransomware?
Use awareness on red flag like blindly opening up
emails and clicking links.
What are the physical, administrative and technical barriers to
ransomware prevention in your organization
Ensuring that users are not only are educated but they
are using what they learned. Also ensuring that vendors
have the right type of technology to look for the latest
ransomware.
Q3
What are the impediments for the application of ransomware-specific detective controls by small business owners?
How would you describe your organization’s security event log
checking?
Automated and scrubbed by splunk.
What are the weaknesses of your systems in detecting network
intrusion?
Definitions and bandwidth capacity
How would you describe the effectiveness and weaknesses of
your system in detecting malicious codes?
7 out of 10
#1#1
COMPLETECOMPLETE
Collector:Collector: Web Link 1 Web Link 1 (Web Link)(Web Link)
Started:Started: Tuesday, August 30, 2022 8:11:16 PMTuesday, August 30, 2022 8:11:16 PM
Last Modified:Last Modified: Tuesday, August 30, 2022 8:25:39 PMTuesday, August 30, 2022 8:25:39 PM
Time Spent:Time Spent: 00:14:2200:14:22
IP Address:IP Address: 166.205.147.141166.205.147.141
Page 1: Consent Letter
Page 2: A Qualitative Study on the Impediments to the Application of Preventative, Detective, and Corrective
Copy of The Ongoing Threat of Ransomware on Small to Medium-Sized
Businesses
SurveyMonkey
2 / 36
Q4
What are the impediments for the application of ransomware-specific corrective controls by small business owners?
How do you define the firm’s effectiveness in adopting the
automatic threat removal?
Very aggressive
After your previous attack, what weaknesses did you identify
regarding correcting the problem?
Virus definition update failure. Always check to make
sure it applied.
What are the inadequacies of your organization’s recovery
plans?
Mostly it would be the down time to recover.
What measures is the firm considering to prohibit the future
attacks?
Have the right security team in place and also user
education.
Copy of The Ongoing Threat of Ransomware on Small to Medium-Sized
Businesses
SurveyMonkey
3 / 36
Q1
Your selection of agree means that you understand your
rights listed above and agree to participate in this study.
Yes
Q2
What are the impediments for the application of ransomware-specific preventative controls by small business owners?
What preventiv ...
Intelligence-Driven Fraud Prevention
This RSA white paper discusses the need for new, intelligence-based approaches to manage fraud across digital channels.
What CIOs Need To Tell Their Boards About Cyber SecurityKaryl Scott
Companies are under increasing risks of breaches, theft of intellectual property and erosion of customer trust. CIOs and CISOs need to be able to explain to executive management what's being done to shore up their company's security strategy and defenses.
#IBMInsight session presentation "Mitigate Risk, Combat Fraud and Financial Crimes"
The Issue of fraud, challenges, fighting fraud as an enterprise endeavor, IBM Smarter counter fraud framework and IBM Counter Fraud business services
More at ibm.biz/BdEPRH
This white paper provides guidance for how to adopt an Intelligence-Driven Security strategy that delivers three essential capabilities: visibility, analysis, and action.
Rebuilding Customer Trust in Retail BankingNoreen Buckley
An IBM White Paper by Mike Hobday Banking Practice Leader
Global Business Services UK
and Ireland
IBM & Charles Spinosa
Group Director & Leader Marketing Practices VISION Consulting
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Connector Corner: Automate dynamic content and events by pushing a button
Transactional Fraud Detection A Modular Approach
1. IBM Software Thought Leadership White Paper
WebSphere
Transactional fraud detection:
A modular approach
Addressing the next generation of financial crimes
2. 2 Transactional fraud detection: A modular approach
Contents This white paper discusses the benefits of collaboration and
constructively challenging the status quo by integrating different
2 The deployed software model versus the evolution technologies to form a comprehensive fraud detection and
of fraud prevention solution that meets specific business requirements. It
2 Challenge currently deployed solutions also provides key considerations for developing a strategic road
map for detecting and preventing enterprise financial crimes.
2 Finding the right transactional fraud detection vendors
2 Leverage multiple technologies to stop persistent
The deployed software model versus the
fraudsters evolution of fraud
As fraud detection professionals know, fraud is a constantly
3 React quickly with real-time fraud detection evolving organism. Like a virus, it evolves and mutates to seek
out weaknesses in an incumbent detection system and, once
3 Know the leading nonmonetary fraud indicators
found, will quickly exploit those weaknesses before moving—or
3 Base solutions on integrated technology changing—to ensure continuous income for the fraudster or
organized group. Prevention methods that work today cannot be
4 Look beyond packaged solutions guaranteed to work tomorrow. The reality of this limitation is
that deployed, packaged software applications require costly and
Introduction bulky upgrades or retraining over time just to keep pace with
The increasing prevalence of enterprise financial crimes has fraud trends. The applications are only effective for a short time
made fraud prevention and investments in prevention technol- before they must be upgraded or replaced. Today, more effective
ogy a long-overdue priority to organizations around the world. technologies are enabled by deploying components through
As a result, organizations are learning that the consolidated cloud computing and through more mature software as a service
software platform approach to fraud detection is fundamentally (SaaS) models.
flawed and falls short on detecting and preventing fraudulent
transactions. Challenge currently deployed solutions
Fraud software today is significantly richer in feature functional-
Instead, there are more effective ways to help fraud strategy ity than legacy solutions. But organizations should question if
managers and their organizations avoid the many pitfalls of their current solutions are keeping pace with the continuous
deployment, deliver on the promise of holistic coverage evolution of fraud or if they are merely providing a richer user
and increase the chances of successful delivery aligned with interface that employs the same detection routines as its legacy
business goals. A “one-size-fits-all” offering is unlikely to counterparts. For instance, one example of an ongoing problem
deliver enterprise-class performance with results that benefit with legacy solutions is high false positive rates (FPRs) and
the organization and the customer. To achieve high perform- inappropriate transaction declines, both of which negatively
ance, organizations must align strategic vision with industry impact customer service. To maintain competitive advantage,
knowledge. organizations must treat valued customers as such. Decisions
3. IBM Software 3
about transactional viability should be based on sound, clearly reported, these vendors can make data available to antifraud
understood logic and they should be modifiable as needed. group consortium members to assist in catching fraudsters and
“Black-box” detection paradigms, typically based on neural closing down concurrent attacks across multiple institutions.
networks and other, similar, paradigms, are not the only means Effective data management and security coupled with strong
of providing effective fraud detection that is tempered with analytical capabilities provide the technological backbone for
respectful customer service. implementing effective detection strategies that can be shared
across consortium participants.
Finding the right transactional fraud
detection vendors React quickly with real-time fraud
It is important to note that just because it is possible to access detection
data in a transaction system for fraud detection, it does not Legislative, technological and competitive pressures are
mean that fraud technology vendors have the ability to design a shortening the timeframe for reacting to fraud threats.
transactional fraud detection system. For instance, antimoney- Real-time fraud detection may be the only effective way to
laundering (AML) systems are designed to ensure compliance block fraudulent transactions. Additionally, as organizations
with regulatory requirements, not to catch fast-moving fraud. move toward real-time capabilities, those that have not adopted
Typically, an AML system will not flag a low FPR, given that this functionality will be even more exposed as fraudsters learn
auditors and compliance resources may prefer to decline more that a weak link exists. For instance, in the United Kingdom,
transactions to err on the side of caution. Requiring an AML real-time funds availability and the “faster payments” initiative
system to do the opposite and provide high-quality alerts with mean that “day 2” fraud processes will become obsolete in a few
low FPRs is nearly impossible since the system is being asked to years. Next-generation technology must be able to adapt and
do something for which it was not designed. Reengineering the grow as market dynamics continue to change to justify any
system for this purpose is usually ineffective. strategic investment.
Leverage multiple technologies to stop Know and analyze nonmonetary fraud
persistent fraudsters indicators
Fraud is a problem that transcends individual organizations. Nonmonetary account activity is a significant indicator of
It does not respect corporate boundaries, and fraudsters will potentially fraudulent action, and yet, many organizations either
prey on the fact that legal and technological constraints often ignore or are unable to capture and react to these indicators.
make effective data sharing within organizations impossible. It is Over time, disparate and seemingly unconnected events, or
common to find that, after multiple fraudulent events, the same nonevents, associated with an address change request, a password
person or group has been perpetrating similar attacks concur- change request or PIN change request can be strong indicators
rently on peer institutions. However, some data security vendors of account takeover or identity theft. The use of powerful
and storage providers act as trusted custodians that can provide predictive analytics technology and complex event processing
access to transactional detail that shows what is happening at an
industry level. As fraud or suspicious activity is identified or
4. 4 Transactional fraud detection: A modular approach
functionality can help organizations understand the nature of Look beyond packaged solutions
their fraud problem better before the event. Organizations need Fraud detection practitioners and strategists need to look beyond
the ability to assess a sequence of events or nonevents and assign the capabilities provided by packaged solutions. By partnering
a risk/threat level to that combination of activities at the front with an external consultant, organizations may confirm that
end. Preventing fraud is significantly more desirable than existing software capabilities and associated operational practices
deploying expensive resources to manage the results of fraud— are adequate. If not, a consultant can also provide an effective
for the organization and, more importantly, for the customer. review and recommendations for operational enhancement.
Deploying this mix of technology, analytics and human-centric Enhancement efforts should complement existing capabilities,
knowledge can provide significant operational efficiencies, and existing budgetary constraints, while providing a nondisrup-
enhanced detection rates and an improved customer experience. tive path to improved detection and prevention.
Base solutions on integrated technology To implement effective fraud detection, card issuers must
Effective fraud detection capabilities face a multitude of chal- develop an understanding of the enhanced capabilities
lenges across different payment methods. i.e. online, deposit, provided by predictive analytics, pattern and name matching /
ATM, check, debit card and ACH/wire. To effectively meet recognition, complex event processing, business rules, content
these challenges, organizations must be able to move from analytics and, most importantly, the means for implementation.
fragmented fraud detection and prevention to an environment IBM’s ability to draw on best-of-breed components ensures that
that is equipped to address the evolving threat of fraudulent an issuer is not tied to a specific specialization or paradigm, a key
activity in an integrated, holistic, enterprise-wide fashion. benefit when considering the specific nature of card fraud within
They must ask questions like: Is this technology a viable and any single geography. IBM and its broad partner ecosystem are
achievable ambition for return on investment? How much uniquely positioned to assist institutions that are ready to begin
depends on technology and how much on the implementation this journey.
of industry and domain knowledge? What are the benefits for
the organization and its customers? And in short, is it worth Conclusion
investing in improvement? The fight against fraud is continuous and evolving at a rapid
pace, and the sophistication of fraudulent attacks is ever increas-
The answer is yes. Any organization that stops investing in ing. In planning the strategy for future prevention and mitiga-
technology to combat evolving and mutating fraudulent activity tion efforts, organizations should consider external challenges
is effectively writing a blank check for the fraudster. However, and whether their current solutions are able to address those
investment in technology alone is not sufficient to mitigate challenges. New technologies can provide more effective ways to
fraudulent activity. Any investment must conform to a clear monitor and detect fraud and better position the organization
vision and strategy that is likely to be multiphased over several for success. While examining different solutions, it is important
years and able to evolve over time. While packaged solutions to develop an understanding of the underlying detection logic.
may seem effective, as outlined in the previous section, a
“one-size-fits-all” solution is destined to fail.
5. IBM Software 5
The most effective solution sets are those that can adapt quickly, About the authors
offer industry and enterprise breadth, can function in real-time Richard Collard
and monitor cross-channel activity. IBM Worldwide Subject Matter Expert
Transactional Fraud Detection, AML and Risk Management
IBM’s approach to fraud detection and prevention is aligned and richard.collard@uk.ibm.com
effectively executed through the technological and commercial
vision that IBM customer and business partner FIS offers. FIS’ Richard Collard comes to IBM as part of the acquisition, in
depth of experience and acquisition strategy, which includes 2009, of ILOG. He draws on a business-based career with
Certegy and Metavante among others, ensures that its core major global fraud analytics organizations and specializes in the
offerings are infused with ideas and best practices from different, provision of fraud detection solutions and consulting for credit
but aligned, industries. and debit card issuers and for AML. Prior to joining ILOG, he
worked to develop a radical, new approach to rules-based fraud
For more information detection through the automated generation of rules using
For more information about fraud detection solutions from genetic algorithms and evolutionary computing techniques. This
IBM, contact your IBM representative or IBM Business Partner, technique is holistic and non-prescriptive, espousing the belief
or visit: ibm.com that there is no such thing as a “one-size-fits-all solution,” and is
aligned with IBM’s modular approach to the challenges facing
For more information about fraud in the United Kingdom, visit the card industry.
the UK Cards Association at theukcardsassociation.org.uk/
Richard’s operational reviews for card issuers in South Africa
Additionally, financing solutions from IBM Global Financing have generated significant savings and operational efficiencies.
can enable effective cash management, protection from technol- They have also been instrumental in the recent adoption of
ogy obsolescence, improved total cost of ownership and return business rules management systems (BRMS) technology as a
on investment. Also, our Global Asset Recovery Services help major component of a hosted fraud detection solution. Richard’s
address environmental concerns with new, more energy-efficient ability to draw on global experience allows significant knowledge
solutions. For more information on IBM Global Financing, visit: transfer of global best practices. His approach is consultative and
ibm.com/financing respectful of geography and culture, ensuring that the thought-
leadership that he provides is positively received—traits that
have earned him significant respect through his engagements.