Tag: technology investment
2 articles
Fraud Detection Lags as Losses Mount Despite Heavy Tech Investments
Despite pouring money into cutting-edge fraud detection tools and analytics, financial institutions are still struggling to outsmart scammers, with losses mounting at an alarming rate. The disconnect between heavy tech investments and rising fraud losses reveals a pressing need for a new approach to scam prevention.
Cybersecurity Risk Outpaces Corporate Defenses
As companies pour more resources into AI and technology, a pressing question remains: can they defend what matters most? Despite escalating investments, many firms admit they're ill-equipped to tackle growing cybersecurity risks, which now rank among the top business threats.