98 per cent of security professionals think the law should address serious data breaches that expose consumers’ data with punishments such as fines, according to a report.
Source: business-reporter.co.uk
Fraud is major risk for insurance company. Leverage big data analytics to fight it.
The Insurance Industry creates vast amounts of data, from legacy systems, call dialogues to customer records, offering possibilities to leverage Big Data
Source: datafloq.com
Not only should the insurance industry leverage big data, it also must.
Our cities are beginning to get smarter, powered by enhanced 4G mobile coverage, effective cloud computing technology, sensors and a plethora of smart devices all amassing data to provide a new level of connected intelligence.
Source: business-reporter.co.uk
Brand story telling and big data
Big data has already become a competitive differentiator in the private sector. But government regulators in the US and the UK are showing they can apply b
Source: www.datanami.com
Market regulation and big data
Regulators will struggle to keep pace with regulations as financial firms utilise new technologies
Source: www.computerworlduk.com
FCA to investigate the use of big data in insurance industry