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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

fraud detection and financial crime monitoring). email, text, audio data), with the aim of identifying fraud or anomalous transactions. Textual analysis. Textual analysis refers to the use of NLP for handling unstructured data (generally text) and obtaining insights from that data or improving efficiency of existing processes.

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Reflections 2022: The Power of Patents and the People Behind Them

FICO

I am very glad that my role at FICO centers on AI and analytic innovation, and incorporating it into the wide range of solutions our customers use to fight fraud, scams and other financial crimes. This technology is incorporated into FICO® Falcon® Fraud Manager. The Power of Patents.

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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. FBI InfraGard.

Fraud 88
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New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking

PYMNTS

Preparedness among all departments in the organization — such as executive leaders, engineers, IT security teams and more — is key to protecting against cyberattacks. Kaspersky Lab and Business Advantage conducted a security survey of 359 industrial cyber security practitioners from 21 countries from February to April 2017.

Survey 124
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Cybersecurity Co. Engility Wins $31M Contract from US Air Force

PYMNTS

Air Force Life Cycle Management Center, Cyber Security Engineering Division. The company’s work will include providing the Air Force with a cybersecurity assessment, analysis and research for its Defense Technical Information Center (DTIC).

US 100
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3 Reasons to Visit INFORMS 2016, April 10-12, in Orlando

FICO

Four hands-on sessions and a fraud presentation by FICO’s Chief Analytic Officer, Scott Zoldi. Also, Scott Zoldi, FICO’s CAO and a renowned thought leader on fraud analytics, will speak as part of the event’s Fraud Detection and Cyber Security track. Click here to register (no cost to attend).

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FICO Named Category Leader for Cyber Risk Quantification

FICO

These insights could identify companies that have, for example, ports that are open, web servers that are outdated and other network misconfigurations that increase an organization’s cyber risk exposure. The score is based on billions of cyber risk indicators that are monitored at Internet scale.