AI, Demand Forecast & Cybersecurity

AI in Banking?

What are the competitive advantages??

?? The rise of AI technologies has transformed many industries, including banking. However, banks have struggled to become "AI-first" organizations due to outdated systems, fragmented data and a lack of clear AI strategy which put them at risk of losing ground to more tech-savvy competitors.

?? The effective adoption of AI can bring numerous benefits to banks, including cost reduction, income growth and improved user experience and engagement. AI can help banks automate and optimize their back-office processes, fight fraud and offer personalized financial services that increase revenue and market share.

? Overall, in order to remain competitive in the AI-powered digital age, banks need to develop an effective AI strategy and move beyond their legacy systems and traditional approaches.

Demand Forecasting | Why is it critical nowadays?

Fighting Phishing Campaigns | Cybersecurity

???With the increased usage of the internet to do several daily tasks and due to the storage of our personal information in the digital world, cybersecurity has become vital in our lives. Our client had several daily events related to HTTPS certificates that could be used for phishing campaigns.

???The customer used a manual procedure to check if a certificate was suspicious, but this process couldn't cope with the growing requirements.?

??? The data was not labeled, and therefore, a straightforward analytical approach used unsupervised Machine Learning models to mark it based on the historical data, trying to find a pattern that could describe the behavior of a phishing campaign.

? As a result, with this project, Closer was able to:

• Identify relevant features that better describe a phishing campaign.
• Anticipate phishing campaigns by defining groups of certificates that are more suitable to be used for malicious reasons.

? Quick links

?? How AI Is Helping Companies Redesign Processes?| Harvard Business Review

?? A Decade of Knowledge Graphs in Natural Language Processing | Tim Schopf

?? How Siri, Alexa and Google Assistant Lost the A.I. Race | New York Times

?? GPT-4 Developer Livestream | OpenAI