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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content.

Retail 95
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Data is essential: Building an effective generative AI marketing strategy

IBM Big Data Hub

Generative AI is powering a new world of creative, customized communications, allowing marketing teams to deliver greater personalization at scale and meet today’s high customer expectations. Enterprise marketing teams stand to benefit greatly from generative AI, yet introduction of this capability will require new skills and processes.

Marketing 122
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State of the Global Capture & IDP Market

Info Source

Business use cases that involve unstructured inputs are increasingly addressed by RPA vendors, which is leading to a convergence of the traditional Capture and the Capture-related part of the RPA market. In the 5-year forecast period, Infosource expects the Capture & IDP market to grow to almost 8.5 Billion US$ in 2026.

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Russians Shut Down Huge Card Fraud Ring

Krebs on Security

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.

Retail 281
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Fortinet warns of a spike in attacks against TBK DVR devices

Security Affairs

A remote attacker can trigger the flaw to obtain administrative privileges and eventually gain access to camera video feeds. TBK Vision is a video surveillance company that provides network CCTV devices and other related equipment, including DVRs for the protection of critical infrastructure facilities.

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Who’s Behind the NetWire Remote Access Trojan?

Krebs on Security

A Croatian national has been arrested for allegedly operating NetWire , a Remote Access Trojan (RAT) marketed on cybercrime forums since 2012 as a stealthy way to spy on infected systems and siphon passwords. The arrest coincided with a seizure of the NetWire sales website by the U.S. Federal Bureau of Investigation (FBI).

Access 248
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GUEST ESSAY: The privacy implications of facial recognition systems rising to the fore

The Last Watchdog

Assuming privacy concerns get addressed, much wider consumer uses are envisioned in areas such as marketing, retailing and health services. According to Allied Market Research, the facial recognition systems market is in the midst of rising at a compounded annual growth rate of 21% between 2016 to 2022. billion by 2022.

Privacy 153