September 19, 2024
Tech News
GovWare 2024 is set to take place from October 15-17, 2024, in Singapore, gathering over 12,000 global leaders to address cybersecurity challenges. The event will feature keynote speakers from major tech companies, networking opportunities, and an exhibition hall showcasing over 300 exhibitors. Attendees can also participate in various forums and discussions focused on critical cybersecurity issues.
Thailand’s Krungsri Bank is leveraging AI to enhance banking services, focusing on IT code generation, fraud detection, and improving the lending process. The bank aims to simplify customer experiences through technology and is preparing for future regulatory requirements by forming an internal AI community and collaborating with global partners. Concerns about AI being used by cybercriminals are also being addressed through advanced analytics and fraud detection techniques.
In the world of technology, advancements are constantly being made to improve cybersecurity and enhance customer experiences in various industries. From major tech events addressing critical issues to banks leveraging AI for better services, the tech landscape is evolving rapidly.
Tech Explained
Cybersecurity – Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks.
AI – AI, or Artificial Intelligence, is the simulation of human intelligence processes by machines, especially computer systems.
Fraud Detection – Fraud detection involves using various techniques to identify and prevent fraudulent activities within a system or organization.
Analytics – Analytics is the systematic computational analysis of data or statistics.
Machine Learning – Machine learning is a subset of AI that enables systems to learn and improve from experience without being explicitly programmed.
As technology continues to advance, understanding these technical terms is crucial for businesses to stay competitive and secure in the digital age. To take your business online and ensure a strong digital presence, consider registering a domain name and signing up for a web hosting service at BizPartner.
