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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

Risk 234
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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Educate Insureds and Insurance Producers. The post New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance appeared first on Data Matters Privacy Blog.

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Finance sector must simplify staff awareness training

IT Governance

Financial services firms must do more to educate employees about cyber security, according to the FCA (Financial Conduct Authority). Organisations need to make staff awareness training a board-level priority. Staff awareness training is a crucial part of this.

Retail 66
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Upskilling and reskilling for talent transformation in the era of AI

IBM Big Data Hub

Many are turning to AI upskilling , the act of preparing the workforce with skills and education to empower them to use AI to do their jobs. Every organization is responsible for providing its workforce with the requisite skill sets and education to use AI in their daily jobs. Employees need to change to meet those needs.

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Catches of the Month: Phishing Scams for October 2023

IT Governance

So, as ever, this blog series examines recent phishing campaigns and the tactics criminals use to trick people into compromising their data. These phishing emails have reached the inboxes of users in multiple industries, including finance, manufacturing, financial services, energy, construction and healthcare.

Phishing 105
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Conversational AI use cases for enterprises

IBM Big Data Hub

DL models can improve over time through further training and exposure to more data. HR and internal processes: Conversational AI applications streamline HR operations by addressing FAQs quickly, facilitating smooth and personalized employee onboarding, and enhancing employee training programs. AI training is a continuous process.

Analytics 104
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How to responsibly scale business-ready generative AI

IBM Big Data Hub

Possibilities are growing that include assisting in writing articles, essays or emails; accessing summarized research; generating and brainstorming ideas; dynamic search with personalized recommendations for retail and travel; and explaining complicated topics for education and training.

Retail 70