customer data – pressnews

[ad_1] Artificial intelligence has been the buzzword of 2023 ever since ChatGPT made its public debut earlier this year, with businesses, schools, universities and even non-profits looking for ways to integrate AI in their operations.John Kim, chief product officer for PayPal, spoke with The Associated Press about how the company is using the early proliferation of artificial intelligence technologies in its business, as well as PayPal's future in payments when there's so much competition. The interview has been edited for length and clarity. Q: How have security issues changed since you've been in this role or similar roles? How much more complicated or sophisticated are threats or opportunities to protect customer data? A: One way you you can put it is that the fraud is a pretty big b...

[ad_1] The world is going through a significant transition led by technology. Undoubtedly, these developments have made our lives more convenient than ever. After all, there is almost nothing that we can't do at our fingertips.However, the other side of this story presents a contradictory situation. The digital advancements we boast of also lead to cyber risks, as most businesses and organizations continue their operations without a robust cybersecurity infrastructure. One industry that is particularly susceptible to these risks is the telecommunications sector. As the key facilitators of digital services, telecom companies are responsible for managing extensive volumes of highly sensitive customer data, making them prime targets for malicious actors. A breach in a telecom company not o...

Tag: customer data

How PayPal is using AI to combat fraud, and make it easier to pay

5 ways to combat surge in data breaches in Telecom industry