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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

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The most valuable AI use cases for business

IBM Big Data Hub

More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines. Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals.

Retail 82
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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Question correspondence on “delivery issues”. In one of the tried-and-true scams of Christmas , fraudsters phish by sending their targets texts or emails about “delivery issues” or false-shipping notifications. Avoid delivery issue scams by tracking your shipments via confirmation emails or password-protected online accounts.

Retail 97
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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. Example: While building an e-commerce feature, a programmer tells AGI, “I need a function to calculate shipping costs based on location, weight and method.”

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Conversational AI use cases for enterprises

IBM Big Data Hub

In e-commerce, this capability can significantly reduce cart abandonment by helping customers make informed decisions quickly. Banking and financial services: AI-driven solutions are making banking more accessible and secure, from assisting customers with routine transactions to providing financial advice and immediate fraud detection.

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The Hacker Mind Podcast: Going Passwordless

ForAllSecure

They want to make a purchase on an e-commerce site. We use public key cryptography in https and secures how we use our financial services or order online. We have to order food, you have to get deliveries, do your banking, insurance, government services, everything's digital, and then how do you consume those services?