Search results for "ai risks"

In Nevada desert, a technology firm aims to be a government

In the Nevada desert, a cryptocurrency magnate hopes to turn dreams of a futuristic “smart city” into reality. To do that, he’s asking the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement. Jeffrey Berns, CEO of Nevada-based Blockchains […]

Russian hack of US agencies exposed supply chain weaknesses

The elite Russian hackers who gained access to computer systems of federal agencies last year didn’t bother trying to break one by one into the networks of each department. Instead, they got inside by sneaking malicious code into a software update pushed out to thousands of government agencies and private companies. It wasn’t surprising that […]

Is Blockchain-powered FinTech the future of finance?

Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]

Addressing the fear of AI in cybersecurity roles

Fear of automation has been present since the first industrial revolution, and as we slowly edge closer toward entering its fourth iteration, that very same fear has lingered and begun to creep up once more. Only now it has cozied up to another worthy ally that could unearth age old fears of job loss: artificial […]

Can AI & Fintech forever change the financial landscape?

The global computational arms race has augmented the technologies far and wide, bolstering their capabilities, and opening up a plethora of possibilities for companies across industries. FinTech is no exception to this, specifically when narrowing our focus toward artificial intelligence (AI).  Global AI in the Fintech market was estimated at USD 6.67 billion in 2019 […]

Charities must be defended against cybercrime

As technology, internet penetration, and digitization are on the rise with the rapid emergence of the fifth generation of mobile networks, it’s fair to say that almost anyone is susceptible to cyberattacks. Charity and non-profit organizations are no exception; with incidents including, funds being stolen, data breaches, phishing attacks, and criminals mimicking charity websites to […]

It’s time to start regulating AI from within

This year has been a roller coaster ride for the United States, from the emergence and swift spread of the Covid-19 pandemic to dreadful natural disasters, and the ongoing trade war the U.S. has been waging against China. The main headline that has dominated the news and even shaped the narrative of the U.S. presidential […]

Growing use of cloud storage, but a hybrid approach remains

Technological trends and developments are changing the way data is stored, along with the way it needs to be protected; which is why data security has been placed at the heart of organizations’ concerns as they edge closer toward complete digitization. As data continues to become not only more valuable, but also more essential for […]

Top 3 Innovative Solutions against COVID-19

Humanitarian needs have reached their highest levels in decades – and the pandemic is only causing these levels to further increase. According to estimates from the World Food Program (WFP), 256 million people could be pushed to the edge of starvation by 2020-year end. In response, humanitarian agencies are driving innovative solutions against COVID-19. We’ve […]

COVID-19 prompts retail innovation

The pandemic has had an extremely influential impact on the way we shop. With a period characterized by lockdown restrictions, mandatory quarantine, curfews, and the closure of many retail stores across the country, the retail industry was left hanging in the balance. However, in these moments of adversity, retailers began shifting their attention to technology […]