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DSC Weekly 5 December 2023

  • Scott Thompson 

Announcements

  • The data security landscape is shifting as organizations embrace SaaS-based applications, public cloud services, data analytics platforms, and AI/ML workloads. Unfortunately, such progress has been met by a resurgence of ransomware attacks and a record-breaking number of data breach disclosures. In light of these revelations, new consumer privacy protection acts have imposed heavier financial penalties, leading to changes in the cybersecurity insurance marketplace and how organizations measure potential risk. Register for the free Data Security Risks and Challenges summit to learn about the latest changes in data security and explore new technologies designed to protect data and customers.
  • Ransomware attacks show no signs of slowing down. This year marked a record-breaking year for ransomware attacks, as they surged 74% by the first three months of 2023. Organizations require not only a solid prevention plan, but they need established recovery solutions to ensure they bounce back from attacks that can cause irreparable economic and reputational damage. The newer and more treacherous modern threat landscape forces organizations to take a second look at cyber insurance and the security it can ensure against fallout from an attack. Join the upcoming Ransomware Preparedness: Strategies for a Secure Future summit to hear leading experts discuss actionable strategies to prevent ransomware attacks, mitigate damage, and select the best cyber insurance option for your organization.

Top Stories

  • What’s wrong with data labels
    December 5, 2023
    by Alan Morrison
    Technical Advisor and former LinkedIn knowledge graph lead Mike Dillinger recently spoke with Juan Sequeda and Tim Gasper of data.world. During a recent edition of the Catalog & Cocktails podcast, Dillinger stated that most data labels are meaningless text strings. “The vast majority are just junk that we pay for,” he noted.
  • A Different AI Scenario: AI and Justice in a Brave New World – Part 1
    December 2, 2023
    by Bill Schmarzo
    The recent upheavals at OpenAI and OpenAI’s Chief Scientist’s apprehensions regarding the “safety” of AI have ignited a fresh wave of concerns and fears about the march towards Artificial General Intelligence (AGI) and “Super Intelligence.”
  • Towards Better GenAI: 5 Major Issues, and How to Fix Them
    November 30, 2023
    by Vincent Granville
    After playing with GPT for some time, testing GenAI vendor solutions, designing my own, and reading feedback from other users, I uncovered a number of problems. Here I share some of the most common issues, and how to address them. It impacts LLM and synthetic data generation the most, including time series generation.
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In-Depth

  • Decoding the Future: The Intersection of Advanced Analytics and Fraud Prevention in Revolutionizing Digital Payments
    December 5, 2023
    by John Lee
    In 2023, online payment fraud cost the world US$48 billion. Businesses prioritize fighting payment fraud and minimizing its financial and reputational damage. In addition to monetary losses, payment fraud can damage a customer’s trust and loyalty, as well as increase the scrutiny from regulators and law enforcement.
  • Taming generative AI for enterprise-grade automation
    December 4, 2023
    by Alan Morrison
    An interview podcast with Dave Duggal, founder of EnterpriseWeb In 2009, as the Cloud was starting to emerge, Dave Duggal founded EnterpriseWeb to address the challenges of an increasingly fragmented enterprise IT estate. He saw that siloed software stacks were becoming roadblocks to end-to-end interoperability, automation and management.
  • Transformative trends: Generative AI and the future of business
    December 4, 2023
    by Pritesh Patel
    In the rapidly evolving realm of business generation, one progressive force stands proud Generative Artificial Intelligence (AI). This transformative trend goes past traditional automation, reshaping industries globally. In this exploration, we delve into the profound impact of Generative AI on the destiny of agencies, with a unique consciousness of its integration with accounting software.
  • A few large enterprise software provider strategies for the knowledge graph market
    November 30, 2023
    by Alan Morrison
    In November 2023, MarketsandMarkets announced the publication of its Knowledge Graph Market report. In its announcement, M&M estimated the 2023 global knowledge graph market at $0.9 billion, forecasting market growth to $2.4 billion by 2028, a compound annual growth rate of 21.9 percent.
  • DSC Weekly 28 November 2023
    November 28, 2023
    by Scott Thompson
    Read more of the top articles from the Data Science Central community.