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Showing posts from March, 2024

Security breaches of remote working

The ideal work scenario in this digital age is remote working, which has become the new norm! The ability to work from the comfort of your own home has revolutionized how we work, bringing productivity , flexibility, and convenience. However, one pressing concern with this freedom must be addressed - the security breaches that come with remote working. Data breaches incur financial losses and badly bruise the company's reputation. After an attack, companies lose faith instantly. To avoid this, companies are scrambling to shield their customers and data to maintain customer trust and remain competitive in today's digital landscape. In 2021, data breaches hit companies with high numbers of remote employees the hardest. For companies with 81% to 100% remote workers, the average data breach cost was $5.5 million – that's not pocket change, you know! Also, Companies with 61% to 80% remote employees faced an average data breach cost of about $4.4 million, while lower-end com...

Enforcing Blockchains’ Unique Security Controls in Copyright and Royalty Protection

  Abstract Blockchain technology is changing how to protect copyrights with innovative solutions in different industries. In the past, creatives needed help keeping track of their work, making it hard to prove that it belonged to them. Additionally, it took a lot of work for others to figure out who to get permission from to use the work. With blockchain, things are easier because when a creative creates something, the blockchain records it automatically. This implies that it's clear who the work belongs to, and if anyone wants to use it, they get in touch with the original creator. This process becomes straightforward and ensures creators get payment and the credit they deserve. Additionally, copyright rights leaned more on technologies such as Digital Rights Management (DRM). But, the rise of blockchain has brought about the speculation of using computer code to administer and enforce copyright. This journal article extensively examines blockchain's unique security contro...

Customer authentication in mobile banking; MLOps practices and AI-driven biometric authentication systems

Abstract: The intersection of customer demands, security, and innovative services in the diverse mobile banking space calls for continuous adaptation by financial institutions. Small challenges such as on-demand customization and scalability are addressed through merging technologies, which is important for smaller institutions undergoing IT modernization. Despite the slow pace of ML adoption in banking, those leveraging ML experience increased their success in this competitive landscape. This article looks at the role of MLOps in overcoming challenges posed by evolving data volumes and complexities in deploying and developing ML models within financial institutions. As online banking authentication holds an important role in securing financial transactions, a historical overview of authentication methods, from biometrics to tokens, creates a chance to delve into the transformative potential of AI-driven biometric authentication. With the increase in mobile banking fraud, the need to ...