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Top 5 Data + AI Predictions for Financial Services in 2024

Snowflake

Mining unstructured data will be key to unlocking novel analytics Companies that can harness unstructured data for gen AI-enabled insights will be able to open up new analytics use cases in every subsector — from banking and asset management to payments and insurance. The possibilities are endless.

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Blockchain Technology in Agriculture: Application Techniques

Knowledge Hut

The capacity of blockchain to store and manage data enables traceability, which is utilized to aid in creating and implementing technologies for intelligent farming and index-based crop insurance. Agricultural Insurance Climate change in recent decades has rendered the entire agricultural process increasingly uncertain.

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Cyber Security Laws and Regulations of 2024

Knowledge Hut

Federal Government In the United States, there are three main federal cybersecurity regulations: Health Insurance Portability and Accountability Act (HIPAA) (1996): Enacted by 104th United States Congress, the Health Insurance Portability and Accountability Act attempts to control and modernize medical and healthcare information flow.

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How Healthcare and Life Sciences Can Unlock the Potential of Generative AI

Snowflake

An inconsistent data set introduces biases and inaccuracies, which can have profound consequences for clinicians or scientists using an AI model for patient health. If the model uses ungoverned data to generate content, there is a risk of exposing sensitive data to unauthorized data consumers.

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Why Data Governance Is Crucial for All Enterprise-Level Businesses

Cloudera

It’s believed the source of the breach was Marriott’s Starwood subsidiary and Marriott might not have done due diligence when merging its newly acquired subsidiary’s data into its own databases. In 2017, Anthem reported a data breach that exposed thousands of its Medicare members. From Bad to Worse.

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The Three Essentials to Get to Responsible AI

Snowflake

The foundation for the successful and responsible use of AI and gen AI must be based on data security, data diversity and organizational maturity. As Snowflake customers share their experiences, a few requirements for their data stand out: data security, data diversity and organizational maturity—including data literacy.

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The Future of DevOps: 2023 and Beyond

Knowledge Hut

Banking and finance companies increasingly rely on DevOps for their IT infrastructure because they must comply with strict regulations such as PCI DSS (Payment Card Industry Data Security Standard). It includes everything from claims processing to underwriting.