Remove Accessible Remove Banking Remove Data Security Remove Data Storage
article thumbnail

Cloud Computing in Banking Industry: Benefits, Applications, Challenges and More

Knowledge Hut

While an increasing number of businesses are adapting to cloud services, one industry is taking the time to adopt the concept on a holistic level: the banking sector. Cloud computing for banks enhances every aspect of the banking sector, from security to customer experience, making it a future-proof solution.

article thumbnail

What is CIA Triad in Cyber Security and Why it is Important?

Knowledge Hut

Confidentiality Confidentiality in information security assures that information is accessible only by authorized individuals. It involves the actions of an organization to ensure data is kept confidential or private. Simply put, it’s about maintaining access to data to block unauthorized disclosure.

IT 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Cybersecurity: Career Growth

Knowledge Hut

Cybersecurity is the term used to describe efforts to protect computer networks from unauthorized access. It encompasses a broad range of activities, including network security systems, network monitoring, and data storage and protection. Insider threats typically involve staff members stealing data or sabotaging systems.

article thumbnail

Unlocking the Future of Blockchain: Recent Trends and Potential

Edureka

Traditional centralized databases are prone to data breaches and hacking, which frequently results in exposed personal and financial information. Both amateurs and well-established financial institutions are interested in DeFi because of its potential to democratize banking, offer worldwide access, and improve financial inclusion.

Medical 52
article thumbnail

Disadvantages of Big Data

Knowledge Hut

Privacy and Security Concerns The chances of data in large volumes being vulnerable to security threats, data breaches, and cyberattacks are quite high. Unless it is safeguarded via modern tech means, data security is a very real threat. Costs Every activity related to big data brings significant costs.

article thumbnail

Ethical Hacking Eligibility Criteria: Certification Requirements

Knowledge Hut

Malicious actors who utilise their expertise to exploit computer system vulnerabilities to gain unauthorised access are referred to as black hat hackers. On the other hand, ethical hackers use the same technical skills to improve a company's security infrastructure. Besides, one is expected to provide proof of the same.

article thumbnail

The Future of Database Management in 2023

Knowledge Hut

Disruptive database technologies include, for instance: Blockchain Blockchain is a distributed ledger technology that enables data to be safely stored across several nodes in a decentralized (or sometimes in a centralized) manner. These nodes contain hashed/encrypted information to ensure security at each level.