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How a Financial Firm Transformed Its Fraud Detection System

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informa.com

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news@tech.itprotoday.com

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Mon, Oct 30, 2023 01:05 PM

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Plus: Latest Tech Company Layoffs; GPU-as-a-Service? OCT 30 ITPro Today Top Story Karen D. Schwartz

Plus: Latest Tech Company Layoffs; GPU-as-a-Service? [View in Browser]( OCT 30 ITPro Today [ITPro Today]( Top Story [How a Financial Services Firm Transformed Its Fraud Detection System]( Karen D. Schwartz Financial institutions must modernize their fraud detection systems as cybercriminals change their tactics. Learn about the overhaul of one such system at CNG Holdings. Headlines [Oxide Raises $44M to Remake Cloud Computing Hardware On-Premises]( Sean Michael Kerner The startup is building new hardware and software that is purpose-built for cloud infrastructure — but don't worry, it still supports Kubernetes.   [Nvidia, Lenovo Kick Off New Generative AI Efforts]( Kelly Teal Enterprises will use hybrid cloud environments to run the solutions. But will partners be involved? Spotlight [Tech Company Layoffs: The COVID Tech Bubble Bursts]( Brandon Taylor UPDATED October 26, 2023 — As COVID-19 drove everyone online, tech companies hired like crazy. Call it the COVID Tech Bubble. Now we are hitting the COVID tech bust as tech giants shed jobs by the thousands. Check back regularly for updates to our IT job layoffs tracker. AI Implementation [Cisco Shares a Three-Pronged AI Strategy at WebexOne]( Zeus Kerravala The company hopes to move to the leading edge of the curve by incorporating AI into its work offerings, its collaboration suite, and its device portfolio.   [ServiceNow Grows with IT Workflow Innovation and AI Promise]( Sean Michael Kerner The path forward for ServiceNow and its partners is leading to improved IT workflows, with some help from artificial intelligence. Explainer [GPU-as-a-Service: What IT Pros Need to Know]( Christopher Tozzi Here's how GPU-as-a-service — a cloud computing offering that provides servers with GPUs on demand — works and when should consider using a GPUaaS offering. Trending [What’s Behind the Surge of Encryption-Less Ransomware Attacks in 2023?]( Alyse Burnside New SEC disclosure rules may reduce the effectiveness of attacks by requiring companies to promptly disclose breaches.   [Cloud Migration vs. Cloud Transformation: What's the Difference, Exactly?]( Christopher Tozzi Here's why you need to know the difference between cloud migration and cloud transformation — and when to use each strategy. Cheat Sheet [ITPro Today's Linux Commands Cheat Sheet]( This cheat sheet covers common Linux commands and their basic usage, making it a valuable resource for both newcomers and experienced users seeking a handy reference. PowerShell [How To Install and Use PowerShell Copilot (Video Tutorial)]( Brien Posey Brien Posey explains how to set up PowerShell Copilot, how it works, and its capabilities and limitations.   [How Using Windows Forms Changes PowerShell Script Logic (With Sample Script)]( Brien Posey PowerShell scripts are typically linear in execution, but the use of Windows forms can introduce aspects of parallel execution. This allows for the creation of graphical PowerShell scripts without the need for a central loop. From AI Business [Why Language Models Fail: Ways to Enhance AI for Effective Deployments]( Ben Wodecki Researchers explore the potential for 'irreversible damage’ when AI models generate falsities, including issues around historical data and a lack of model evaluation. Industry Perspectives [IT Leaders Tackle New Priorities: Security, AI, and CX]( Gary Aliff Discover how IT leaders are prioritizing CX & EX, data security, and AI to navigate rapid tech changes and deliver better business outcomes.   [The Art and Science of SaaS Spend Management]( With businesses squandering so much of their SaaS expenditure, SaaS spend management is a must. Here's a roadmap for harnessing its full potential. [Manage Subscriptions]( You are subscribed to this newsletter as {EMAIL} Questions or problems? Contact [Customer Service](/cdn-cgi/l/email-protection#a4e1c9c5cdc8f7d1d4d4cbd6d0e4cdcac2cbd6c9c58ac7cbc99bd7d1c6cec1c7d099edf0f4d6cb) ITPro | Informa | 605 Third Avenue, 22nd Floor, New York, NY 10158 | [Privacy Policy]( © 2022, Informa USA, Inc., All Rights Reserved.

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