machine learning – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Wrong digital transformation strategy creates cyber-risks (Includes interview)

riskacademy — Fri, 04 Dec 2020 23:09:31 +0000

To gain an insight into the way that businesses need develop further in 2021 to face the issues of data security, Digital Journal caught up with Rohini Kasturi, Chief Product Officer at Pulse Secure. The points raised are central to business digital transformation strategies.

Digital Journal: Will automation be the key to a successful cybersecurity program?

Rohini Kasturi:Amid the growing cybersecurity skills gap, the broader theme in 2021 will be the increased adoption of technology that capitalizes on artificial intelligence and machine learning to automate key security functions.

COVID-19 resulted in a massive, global shift to a remote workforce. However, next year we will enter a completely new normal when we start to see more workers return to the office while others, who are not yet able or willing to make the transition, remain home. This will result in a split that forces IT departments to handle the demands of both full-scale on-premise and full-scale remote access. The only way to be efficient in the new world of work will be to utilize solutions with automation capabilities instead of relying solely on in-house security teams. Companies will turn to newer…

The Role of Smart Technologies in Data-Driven Compliance Programs

riskacademy — Fri, 04 Dec 2020 12:00:38 +0000

Compliance technology can simplify complex compliance processes and help make smart decisions. As Naveen Bhardwaj explains, by strategically integrating compliance technology and tools, organizations can achieve data-driven, smart and effective compliance programs.

There is an English proverb that says, “a bad workman always blames his tools.” A constructive version of the proverb in Dutch goes like, “goed gereedschap is het halve werk,” which means “good tools are half the work.” This can be interpreted to mean that half of the work is done by humans and the remaining half is completed by tools.

Can one imagine opening a tight bolt without a spanner? No one can, right? Tools simplify our task at hand. In present times, this phenomenon has reached the next level: Tools with embedded technologies such as artificial intelligence, machine learning and deep learning (collectively referred to as “smart technologies”) can mimic human intelligence and in many cases can replace human intervention.

A contemporary example of this would be Google’s driverless cars, which can drive a person around autonomously without human intervention. Now imagine a scenario in which compliance and ethics professionals can sit back and monitor several compliance processes at the click of…

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Swift Community Update: Combatting the cyber threat

riskacademy — Sun, 22 Nov 2020 04:58:28 +0000

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

A session all about the cyber threats the sector faces was a highlight on day 2 of Swift’s Community Update – Focus on Europe virtual event, which explored how fraudsters perpetrate an attack and attempt to legitimise their ill-gotten gains, as well as how the industry is working together to fight back.

Hacking the system

Fraudsters targeting financial services are not going away. Despite the technological advancements in security in recent years, it is still the human factor – usually through an email compromise – that is the easiest way into a bank’s network.

Attackers are well-resourced, constantly evolving their modus operandi and racing to make use of new technologies such as artificial intelligence and machine learning.

Some of the payment fraud trends Swift has observed include:

Attackers targeting banks which process a low amount of cross-border payments and are based in countries with a high or very high risk…

Envelop Risk Brings Advanced Machine Learning to Cyber Risk With Dataiku

riskacademy — Wed, 28 Oct 2020 12:31:38 +0000

Following on from its $6 million Q2 Series A investment, top global insurtech firm delivers AI-driven quantification to cyber risk

London, UK – 28th October 2020 – Today, Dataiku, one of the world’s leading Enterprise AI and machine learning platforms, has announced its partnership with global specialty cyber underwriting specialist Envelop Risk. Envelop Risk is working with Dataiku to model and mitigate cyber and other forms of complex, unprotected risk for insurers.

Envelop Risk specialises in applying machine learning to complex corporate risks. In May, the firm announced a Series A investment of $6 million, led by AI-specialist investor Alpha Intelligence Capital. Since launch, Envelop Risk has underwritten well over $100 million in premium, placing it among the top insurtech firms globally by this metric. The firm operates as a lead market in cyber reinsurance, in partnership with MS Amlin.

Envelop Risk’s founding team and directors combine decades of leadership experience in both insurance and deep tech enterprises such as aerospace and defense. The firm reconceived how machine learning, human expertise, and underwriting can be integrated, using Dataiku’s…

LinkShadow Named ‘User Behavior Analytics Security Solution of the Year’ in 2020 CyberSecurity Breakthrough Awards Program

riskacademy — Thu, 15 Oct 2020 23:19:43 +0000

ATHENS, Ga., Oct. 15, 2020 /PRNewswire/ — LinkShadow, the Next-Generation Cybersecurity Analytics platform, today announced that it has been named the winner of the “User Behavior Analytics Security Solution of the Year” award for the second year in a row in the fourth annual CyberSecurity Breakthrough Awards program, conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market today.

LinkShadow

LinkShadow enhances an organization’s defenses against advanced cyberattacks, zero-day malware, and ransomware, while simultaneously providing rapid insight into the effectiveness of a company’s existing security investments and risk posture.

The LinkShadow platform is designed to manage threats in real-time with attacker behavior analytics and extensive machine learning capabilities to detect both internal & external threats. Powered by Machine Learning Algorithms, LinkShadow monitors the behavior of users and entities on the environment and pinpoints anomalies. It also empowers security teams with best-in-class threat…

OSFI launches consultation on technology risks in the financial sector

riskacademy — Tue, 15 Sep 2020 15:03:48 +0000

OTTAWA, ON, Sept. 15, 2020 /CNW/ – Today the Office of the Superintendent of Financial Institutions (OSFI) launched a three-month consultation with the publication of a discussion paper, Developing financial sector resilience in a digital world. The paper focuses on risks arising from rapid technological advancement and digitalization, as these trends impact the stability of the Canadian financial sector.

This consultation supports OSFI’s strategic objective to ensure that federally-regulated financial institutions and pension plans are better prepared to identify and develop resilience to non-financial risks before they negatively affect their financial condition. While technology is a key enabler for financial institutions and financial consumers, its widespread use and rapid adoption can pose risks in many different areas of the business if not properly understood and managed.

Understanding the financial sector’s use of technology and how technology risks are managed is central to this consultation. OSFI’s discussion paper focuses on the risk areas of cyber security, advanced analytics (artificial intelligence and machine learning), and the use of third party…

CyberCore Discusses WindRose Supply Chain Threat Assessment Center; Neal Frick Quoted – Executive Gov

riskacademy — Sun, 06 Sep 2020 05:16:40 +0000

Neal Frick VP

CyberCore launched the WindRose Supply Chain Threat Assessment Center to provide the federal and commercial sectors insight into customers and contractors in 2019. As security threats increase, federal government contractors’ accountability for security breaches continues to grow.

WindRose has leveraged artificial intelligence (AI) and machine learning (ML) to assess business and product risk of the Supply Chain Network. WindRose has scaled global Information Technology (IT) supply chain threats and vulnerabilities by providing a comprehensive analysis, covering all threat vectors.

CyberCore’s WindRose follows a cyber and supply chain focused analysis framework, consisting of over 50,000 Non-Cooperative Data Sources, where 150 Threat Factors are assessed across 15 Key Supply Chain Elements which are analyzed within 5 Critical Threat Vectors.

With the center’s capabilities, WindRose recently investigated a corporation that provided PKI consulting as well as user interface design for cryptographic applications. The organization did not do business with the federal government directly; however, their partners had a history of supporting the…

Why do we need machine learning to effectively approach regulatory requirements?

riskacademy — Wed, 24 Jun 2020 00:07:03 +0000

Why do we need machine learning to effectively approach regulatory requirements? #risk, #riskmanagement, #riskminds

Why do we need machine learning to effectively approach regulatory requirements?

Davide Boselli, Senior Regulatory Analytics Consultant EMEA, Experian, picks apart the problems of using machine learning to meet regulatory needs. Visit Ris…

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NopSec Drives the Vulnerability Management Standards with Latest Release of Program Intelligence Module

riskacademy — Mon, 15 Jun 2020 04:27:58 +0000

NopSec’s Vulnerability Risk Management Platform Enables Organizations to Better Manage Business Risk

NEW YORK, June 15, 2020 /PRNewswire-PRWeb/ -- NopSec,Inc., a leader in vulnerability and cyber threat management, today announced that the Program Intelligence Module will extend the power of the Unified VRM, addressing additional use cases to strengthen the security posture of customers." data-reactid="13">NEW YORK, June 15, 2020 /PRNewswire-PRWeb/ — NopSec,Inc., a leader in vulnerability and cyber threat management, today announced that the Program Intelligence Module will extend the power of the Unified VRM, addressing additional use cases to strengthen the security posture of customers.

NopSec’s flagship product, Unified VRM, is used by government entities and private organizations to prioritize and remediate vulnerabilities, reduce risks, and validate cyber security controls. Unified VRM is a cloud-based SaaS platform powered by the world’s most advanced attack simulation capabilities and machine learning analytics. The platform provides IT Security and Risk teams with global visibility of their infrastructure risk levels, enabling them to prioritize and remediate their most imminent cyber threats.

Unified VRM Program Intelligence Module allows customers to strategically align their vulnerability management program with their business goals — i.e. digital transformation, cost reduction, operational excellence, and growth. Unified VRM Program Intelligence Module provides…

Booz Allen Hamilton Holding Cor

riskacademy — Sat, 16 May 2020 16:54:15 +0000

Booz Allen Hamilton Holding Cor found using ticker (BAH) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 95 and 77 calculating the mean target price we have 84.33. Now with the previous closing price of 69.92 this would indicate that there is a potential upside of 20.6%. The 50 day MA is 72.99 and the 200 day MA is 73.01. The market capitalisation for the company is $9,820m. Company Website: http://www.boozallen.com

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations. It also provides analytics services, which focuses on delivering transformational solutions in the areas of decision analytics, including operations research and cost estimation; automation; and data science, which include predictive modeling and machine learning, as well as…