The latest executive report published by IBM Institute for Business Value puts the estimated cost of cyber crime to the global economy in a range of USD 375–575 billion per year. Reputational damage, which is hard to calculate, comes on top of all this. No industry and geography has remained
In an era of almost daily news reports of cybersecurity breaches, cyber threats and cyber attacks, an attack on critical infrastructure and power grids grows more likely every day. What can be done about it? Is the US adequately prepared to thwart such an attack? Consider several factors in
Although financial criminals exploit a wide range of channels in their attempts to defraud banks, check deposit fraud takes a notable toll on financial institutions. But even this type of fraud is only one of several particularly acute threats to customers’ accounts. For example, banks must also
Financial crime will surely become increasingly prevalent as it grows more sophisticated than ever. But businesses don’t have to accept financial crime. They need to get to know it and minimize it by identifying and understanding their customers. Rule- or profile-based search engines that many
Even with ever-more advanced machine-based data analytics, when it comes to fighting cybercrimes and physical crimes, human thought and intuition are still irreplaceable—especially during the detection and mitigation phases.
Enterprises that are seeking to plug into the Internet of Things (IoT) face challenges in every aspect of business, but they need never be alone. Discover how to take your place in the IoT revolution by adopting a strategy for big data analytics.
Data breaches are increasingly common, but your organization doesn’t have to be a victim. Discover how IBM i2 Enterprise Insight Analysis can help you proactively identify threats and combat the attackers who lie behind them.
Banks need a good strategy to keep from being blitzed by money laundering. Banking analytics can give financial institutions the offensive strength to put money laundering on the run—and keep it that way.
As criminals adopt increasingly sophisticated approaches to fraud across all industries, counterfraud solutions must rise to meet the challenge. Attend IBM Insight to discover how you can protect your business by implementing advanced analytics and predictive analytics solutions.
With the increasing sophistication of fraud attacks, businesses that don’t take fraud seriously do so at their peril. Adopting four best practices can help organizations combat cyber attacks and protect their assets.
When combating smart criminals, smart analytics is one tool that the financial sector can’t afford to ignore. Not only by avoiding the direct effects of fraud but by avoiding regulatory costs, context-based computing can help banks evaluate the legitimacy of entities and identify their connections
Your mission, should you choose to accept it, is to network, learn and do at the IBM i2 Summit for a Safer Planet. Learn why you can’t afford to miss this opportunity to explore the future of intelligence and the art of the possible.
The Internet and our social feeds are full of blogs, news and articles on the strides that the public sector is making with big data and analytics. This Public Sector News series skims the wires and pulls out the most interesting articles that give us fodder for thought and debate.