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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

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Risk Management under the DORA Regulation

IT Governance

In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector. million) for the financial sector – 33% more than the average across all sectors. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with.

Risk 104
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How to choose the best AI platform

IBM Big Data Hub

.” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 Lack of AI governance can lead to consequences such as inefficiency, financial penalties and significant damage to brand reputation.

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The Business of Data Newsletter – Issue 7 (7 December 2018)

Information Matters

. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. It is therefore of great interest to many less data-rich businesses, and indeed governments. ” [link]. ” [link].

IoT 40
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Reltio Cloud – Your Key to a Successful SAP S/4HANA Migration

Reltio

The fact that your ECC version will go onto extended maintenance in 2025 is not the main reason, is it?”. “No, Reltio Cloud also acts as the governance platform to address the data quality problems before S/4HANA ingestion. Think about why you are doing this migration in the first place. ” “Excellent!”

Cloud 89
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Keeping Customer Data Safe: AI's Privacy Paradox

Thales Cloud Protection & Licensing

Although it was met with some skepticism by some privacy groups, the Act establishes a comprehensive regulatory regime overseeing AI development, deployment, and governance, emphasizing the protection of fundamental rights and ensuring AI systems operate in a manner aligned with European values.

Privacy 71