Articles

Fighting Fraud with Big Data Analytics

More companies today are using IT systems to store and manage enormous business data pouring out of the burgeoning communication channels. As more business components and the real world environments embrace digital technologies, fraudsters too are becoming IT-savvy.

In the wake of these developments where a fraud can be hidden in large volumes of data, manual checks to detect threats doesn’t result in fruitful business outcomes. The financial institutions, in particular, are investing heavily to prevent fraudulent attacks in the wake of increased threat to user data. The advancements in technology are helping security professionals to adopt smart ways to detect fraudulent activities.

Source: enterprise-risk-management.cioreview.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s