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Differential privacy (DP) protects data by adding noise to queries, preventing re-identification while maintaining utility, addressing ArtificialIntelligence -era privacy challenges. In the era of ArtificialIntelligence, confidentiality and security are becoming significant challenges.
So of course when I saw that some researchers were presenting a talk at SecTor 2021 in Toronto on defeating biometrics with artificialintelligence, well I knew I had to talk to them as well. The idea was to see whether a computer could possess a level of artificialintelligence that can mimic human responses under specific conditions.
While technological improvements over the past 51 years have obviously improved law enforcement’s capabilities vis-à-vis identifying problematic transactions, overreporting as a result of unnecessarily low thresholds can sometimes also hamper money-laundering detection by “creating much larger haystacks in which needles must be found.”
Big banks, once kings of capital, are facing competitive pressure from both fintech and the technology giants, who are making great strides to offer a seamless digital financial services experience tied to their core platform, while managing a flurry of stringent regulations across the globe. .
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