Finextra: ABN Amro to axe 5200 staff
ABN AMRO Bank N.V. Amro is planning to cut 25% of its workforce over the next 3 years.
ITPro: If you’re not taking insider threats seriously, then the CrowdStrike incident should be a big wake up call
Insider threats are one of the hardest areas to defend against.
Interesting Engineering: AI company unveils avatar app that recreates deceased loved ones in interactive form
“Black Mirror” is coming to you today!
Finextra: Top US banks hit by cyber breach at mortgage tech supplier
Third Party Risk is one of the biggest fears of financial institutions now.
Yahoo! Finance: BofA says AI is boosting bankers’ productivity, revenue
Bank of America is making major investments in AI.
efinancialcareers: Hedge fund Balyasny hired the CIA’s chief AI data scientist
Hedge fund Balyasny Asset Management L.P. has hired the CIA’s chief AI data scientist
Interesting Engineering: Harvard’s 448-qubit breakthrough brings fault-tolerant quantum supercomputing closer
Researchers at Harvard have demonstrated a new quantum system that can detect and correct errors below a critical threshold.
CIO: Make boards responsible for AI failures, banking regulator suggests
Singapore’s financial regulatory authority has floated a tough new AI risk management regime that could become a model for other countries.
CIO Dive: Regulatory risks push cloud leaders to alter infrastructure plans
Three quarters of business leaders are concerned with the geopolitical risks of storing and managing their data in global cloud environments.