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How Machine Learning Can Accelerate and Improve the Accuracy of Sensitive Data Classification

Thales Cloud Protection & Licensing

How Machine Learning Can Accelerate and Improve the Accuracy of Sensitive Data Classification madhav Tue, 12/12/2023 - 05:21 Given the pace of data growth and the complexity of hybrid IT environments, the discovery and classification of sensitive data is no simple task.

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How can banks succeed in the digital banking era?

Thales Cloud Protection & Licensing

Digital-only banks and Fintechs are expected to grow “at a compound annual rate of about 23.41%” from 2021-2026. Thales works with more than 3,000 financial institutions around the world, and the main challenges our banking and financial services clients share with us are: The cost and complexity of data protection across hybrid IT.

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Respecting Privacy and Data Protection: World Consumer Rights Day

Thales Cloud Protection & Licensing

It’s estimated that more than 20% of retail sales will come from eCommerce in 2023 (rising to nearly 25% in 2026), illustrating the magnitude of digital transactions. The rise in cyber incidents coupled with the increase in digital privacy regulation enactments worldwide has thrust data protection into the front of the mind of consumers.

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2024 Tech and Cybersecurity Forecast: Navigating New Frontiers in Business

Thales Cloud Protection & Licensing

This enhances data privacy and security and allows for greater control and efficiency in AI application deployment within the enterprise. As cyber threats grow in sophistication and frequency, regulatory bodies impose stricter cybersecurity standards, compelling organizations to demonstrate compliance and resilience.

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Texas enacts comprehensive privacy law

Data Protection Report

On June 13, 2023, the Texas Governor signed HB4 , making Texas the tenth state to have a comprehensive privacy law, joining California, Colorado, Connecticut, Montana, Virginia, and Utah (all in effect or going into effect in 2023), Montana and Tennessee (which, like Texas, go into effect in 2024), Iowa (effective 2025) and Indiana (effective 2026).

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European instant payments in harmony: Traditional wisdom meets innovative thinking

IBM Big Data Hub

The mandate requires robust implementation of security and data privacy through fraud detection and fraud prevention. December 2026: Banks of EU non-Eurozone countries are required to support receiving SEPA instant payments. The SEPA payment will be in your account within 10 seconds, which enforces automation and performance.

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Best Digital Forensics Tools & Software for 2021

eSecurity Planet

For everything from minor network infractions to devastating cyberattacks and data privacy troubles , digital forensics software can help clean up the mess and get to the root of what happened. With a CAGR of up to 11%, the market is expected to grow to almost $8 billion by 2026. billion in 2020.