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... 6:48
Jamie Dimon On AI impact: It Will Replace Jobs In Banking And Financial Services

Business Today

1+ months ago 5K views

AI is poised to revolutionize various sectors, much like electricity and the internet. At JP Morgan, extensive investments are made in AI and machine learning, with 450 use cases projected to increase to 800 by year-end. These technologies enhance operations in risk management, fraud detection, and customer service, with significant cost savings. The importance of regulation is emphasized, recognizing potential job displacement while advocating for the responsible use of consumer data. Open banking is supported, allowing consumers more control over their data while ensuring data security and proper consent.
03:11 - 04:21

Massive data resources enable advanced machine learning applications while prioritizing customer interests.

JPMorgan Chase Machine Learning Finance
... 10:29
US Coast Guard Hacked, Humane AI Discontinued & DeepSeek Data Collection | cybernews.com

Cybernews

1+ months ago 6K views

Recent reports from Hudson Rock reveal a concerning trend of stolen military credentials on the dark web, with sensitive data from over seventy individuals in the US Army and thirty in the Navy being compromised. This breach extends to contractors like Lockheed Martin, which faced infostealer attacks exposing user credentials for critical systems, illustrating the vulnerability of military technology. Simultaneously, discussions on AI benchmarking show that current models struggle with basic freelance tasks, casting doubt on their effectiveness compared to human workers. The video further touches on the implications of DeepSeek sharing data with TikTok and highlights the recent failures of companies like Humane AI.
05:34 - 06:11

OpenAI's benchmarking shows LLMs underperforming in comparison to human freelancers.

Humane Cybersecurity Cybersecurity
... 50:31
AI Is Breaking Our Brains

404 Media

1+ months ago 2K views

Data breaches are a frequent threat to organizations, putting employees' personal information at risk. To combat this issue, the service 'Delete Me' is introduced. This service regularly removes sensitive employee information from numerous hacker-friendly data broker websites, making it harder for cybercriminals to exploit lazy tactics to gather contact details for phishing and scams. Social Proof Security's CEO highlights that as attackers tend to target easily accessible information, keeping such data scrubbed protects employees from ongoing exposure. Companies with social presence or client interactions should prioritize this safeguard for team security.
02:20 - 02:52

Microsoft's study links AI use to reduced critical thinking and cognitive skills.

Microsoft Text generation AI Ethics
... 8:13
Ransomware Group Dismantled, AI Platform & Hipshipper Leak | cybernews.com

Cybernews

1+ months ago 5K views

Recent cyber news reveals significant data breaches involving the Israeli and American police forces, with Iranian hackers stealing sensitive information from Israeli authorities and a U.S. hacker group breaching Lexipol, exposing police training documents. Additionally, over 34 million messages from OmniGPT, a popular AI productivity platform, were exfiltrated, highlighting the risks of sharing sensitive data with AI assistants. The dismantling of the Eight-base ransomware group shows law enforcement action against cybercrime. Meanwhile, a summit discussed AI regulation without significant U.S. or U.K. participation, underscoring ongoing tensions in global AI governance.
03:10 - 03:57

OmniGPT's data breach exposed 34 million messages and sensitive user information.

Hipshipper Cybersecurity Cybersecurity
... 30:16
How AI is Powering Payments, with Greg Ulrich of Mastercard

a16z

1+ months ago 2K views

MasterCard is leveraging AI technology to enhance operational efficiency and improve services across various sectors. The integration of generative AI into existing fraud management and personalization solutions showcases its commitment to innovation. A holistic approach to utilizing various data modalities, coupled with the right analytical techniques, is essential for achieving a single source of truth and driving impactful results. By embedding AI solutions, MasterCard aims to create safer, smarter, and more personalized financial services while maintaining a strong focus on governance and data safeguarding measures.
04:29 - 05:05

Generative AI enhances existing fraud solutions by adding new predictive features.

Mastercard Machine Learning Finance
... 13:53
Revolutionizing Access Control: AI Transforming Biometric Authentication and Privacy Compliance

evan kirstel

1+ months ago 1K views

Alcatraz AI emphasizes privacy-driven facial authentication for secure access control across various settings. The approach eliminates reliance on personal identifiable information (PII), allowing customers to maintain control over their data. The RockX platform provides a reliable, consistent solution for indoor and outdoor access, addressing challenges like tailgating and ensuring secure real-time authentication. The advancements in AI enable rapid, accurate biometric verification while respecting user confidentiality. The evolution of biometric technology reflects a growing trust among organizations seeking efficient security solutions, as evidenced by its increasing adoption in high-security environments and critical infrastructure sectors.
06:29 - 07:07

Facial biometrics is now preferred over fingerprinting for compliance and security needs.

Alcatraz.ai Facial Recognition Cybersecurity
... 18:47
AI is Closing Bank Accounts

I Allegedly

1+ months ago 28K views

AI is transforming the banking landscape by systematically assessing customer risk, leading to increased account closures for reasons such as bad loans or improper activities. The shift began in Canada, highlighting a trend where institutions exercise discretion without explanation to mitigate perceived risks, often without warning. This creates significant instability for individuals who may be affected by such actions. The rise of AI in banking emphasizes the need for customers to diversify their banking relationships, keep alternative financial options available, and prepare for unforeseen banking disruptions.
04:01 - 04:05

AI notifications inform customers of account closures with no explanation.

Machine Learning Finance
... 4:55
How to embrace AI while protecting personal information and data

TODAY

1+ months ago 2K views

Privacy concerns surrounding AI tools like DeepSeek are critical, especially in context with data ownership by foreign entities. DeepSeek, similar to ChatGPT, has raised alarms due to its rapid development and low costs, contrasting significantly with American AI investments. Users should be cautious about sharing sensitive information, as data collected may include personal identifiers and could be stored on servers in China. Experts recommend using basic cybersecurity hygiene, considering the risks of sharing information like social security numbers, and using incognito modes when interacting with these AI applications to safeguard personal data.
03:59 - 04:20

Experts recommend browsing in incognito mode to protect personal information.

Ethical AI frameworks Cybersecurity
... 4:55
How to embrace AI while protecting personal information and data

TODAY

1+ months ago 2K views

Privacy concerns surrounding AI tools like DeepSeek are critical, especially in context with data ownership by foreign entities. DeepSeek, similar to ChatGPT, has raised alarms due to its rapid development and low costs, contrasting significantly with American AI investments. Users should be cautious about sharing sensitive information, as data collected may include personal identifiers and could be stored on servers in China. Experts recommend using basic cybersecurity hygiene, considering the risks of sharing information like social security numbers, and using incognito modes when interacting with these AI applications to safeguard personal data.
03:59 - 04:20

Experts recommend browsing in incognito mode to protect personal information.

Ethical AI frameworks Cybersecurity