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Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Visma, the business software maker that has more than 900,000 corporate companies in Scandinavia and parts of Europe, said the attack was detected shortly after the hackers got into Visma’s systems.

Software 123
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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). It involves using software to analyze both structured and unstructured data (i.e., email, text, audio data), with the aim of identifying fraud or anomalous transactions. The challenge is to ensure that the software being developed is not coded with biases. Credit Decisions.

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

FICO

software patents. 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. In 2022, FICO was granted 11 new U.S.

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Two Cyber Security Investments With a Silver Lining

Banking 2020

Financial institutions have the opportunity to make security investments that also increase their ROI. Here are two such security investments: Keystroke Encryption Software. Keylogging spyware can be embedded in emails, videos and music files, software downloads and even legitimate websites. Total Identity Monitoring.

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Fraud And Risk: Surveillance Is Only Part Of Good Security

PYMNTS

Axis was created as an IT company in 1984, but it soon moved its eggs to the network technology basket, starting with network printers. It’s now the largest surveillance camera manufacturer in the world, not only making network cameras but also the software to run and analyze data from those cameras.

Fraud 101
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Our Scams Model Just Won an Award for Machine Learning

FICO

Credit & Collections Technology Awards recognize our scams model with the award for Machine Learning - here's why. I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. Explore all our fraud prevention and detection offerings.

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

PYMNTS

Businesses managing ICS environments need to put the necessary policies, procedures, technology and training in place immediately to properly manage these risks before they have an opportunity to damage the business.”.

Survey 124