Practical And Effective Ways To Protect Your Data

Posted Leave a commentPosted in Best Practices, Big Data, Cloud Computing, cloud security, Cloud storage, Data Management, data protection, data security, Data Storage, IT, Privacy, Risk Management, Security

Cloud based storage has truly revolutionized the way business is done today. No longer do you have to take your portable hard drive or thumb drive everywhere you go. From Dropbox to Google Drive, the cloud-based solutions available today can help you store data online, while giving you the ability to access this information at […]

Factors Behind Data Storage Security: Is Your Business Vulnerable?

Posted Leave a commentPosted in Best Practices, Cyber Security, Data Management, data security, Data Storage, IT, Policy and Governance, Privacy, Risk Management, Security, SmartData Collective Exclusive

Data storage security has become a top priority for businesses, both large and small. Data breaches and sensitive material exposure is reason enough to take data storage security seriously. In fact, in the first quarter of 2018, there were 668 data breaches with over 22 million records exposed. Business growth, government crackdowns, and cost are […]

Here’s How Big Data Influences Banking And Online Lenders

Posted Leave a commentPosted in bank lending, banking, Big Data, data collection, Data Management, Data Mining, finance, financial industry, Fintech, online lending, Predictive Analytics, Risk Management

It was an ideal time for online lenders to arrive in Silicon Valley. After the financial crisis of 2008, banks who were the first choice as lenders for everyday people took a little bit of time to comprehend the way in which customers wanted to access credit and they were not ready to take any […]

Can Advancements In Data Science Solve Cybersecurity Challenges?

Posted Leave a commentPosted in Analytics, Best Practices, Big Data, cybersecurity, Data Management, Data Science, data security, IT, Predictive Analytics, Risk Management, Security, SmartData Collective Exclusive

The growing complexity in IT networks along with the emergence of technological marvels like Internet of Things, the global connectivity is headed to its peak. The evolution of smart algorithms, artificial intelligence, machine learning, and other cutting-edge, innovative technologies shows a promising future. However, amidst all this technological upheaval, a menace called cybersecurity threat is […]

Machine Learning Minimizes Fraud Risks of Online Payments

Posted Leave a commentPosted in AI, Artificial Intelligence, Cyber Security, cyberattacks, Data Management, Machine Learning, Policy and Governance, Risk Management, SmartData Collective Exclusive

Online payment providers have been servicing customers all over the world since CyberCash opened its virtual doors in 1995. Unfortunately, the growing number of companies relying on online payment providers has created an epidemic of fraud. According to one recent report, the rate of fraud has increased 45%, to nearly $60 billion in recent years. […]

How Big Data Is Helping To Lower Medical Liability Risks

Posted Leave a commentPosted in Big Data, data analysis, medical liability risks, Risk Management, SmartData Collective Exclusive

Practice economics are impacted by medical liability risks. Patient quality and efficiency is key to the healthcare industry’s success, but a lack of proper staffing has led to a fast-paced environment where medical liability remains a concern. Data collection is being utilized as a means to help lower these risks, increase profits, predict outcomes, offer […]

Office Scanners and Other Tips to Avoid Big Data Theft

Posted Leave a commentPosted in Big Data, cyberattacks, cybersecurity, Data Management, data security, data theft, IT, Policy and Governance, Privacy, Risk Management, Security

After speaking with a number of colleagues, I have heard that big data is having a remarkable change on the modern workforce. It is especially influential in the office setting. Office workplaces use big data for everything from payroll management to productivity tracking and streamlining customer service delivery. Business World has provided a thorough article […]

Can ICO Data Awareness Campaigns Create More Trust In Cryptocurrency?

Posted Leave a commentPosted in #GDPR, Big Data, Business Intelligence, data government, Data Management, data protection, data security, europe, government, Policy and Governance, Privacy, Risk Management, Security, SmartData Collective Exclusive

The Information Commissioner’s Office (ICO) in the UK has recently begun a number of data awareness campaigns. These campaigns could play a very important role in building trust in cryptocurrencies. The faith in the cryptocurrency market is contingent on a number of factors. Data security and privacy are two of the biggest issues. The EU’s new […]

Here Are The Most Important Ways To Ensure Customer Data Protection

Posted Leave a commentPosted in customer data protection, Data Management, data privacy, datasets, ISO 9001, Policy and Governance, Privacy, Risk Management, SmartData Collective Exclusive

It seems like only yesterday that we started using and relying on data more often in the world of business and a variety of other industries. For good reason, data quickly became the go-to driver for many processes, including building engagement with customers and users—and as a result, customer data protection is now of utmost […]

After 25th May, What Medium And Long Term Actions?

Posted Leave a commentPosted in #GDPR, Computing, Data Management, GDPR Compliance, GDPR implications, Infographic, Policy and Governance, Privacy, Risk Management, Transparency

The General Data Protection Regulation (GDPR) requires businesses to protect the personal data and privacy of EU citizens and any non-compliance could cost them dearly. For those who are still unfamiliar with this, take a look at the infographic below. It shall give you a basic understanding of GDPR and its aspects. What is next […]