[author: Doug Austin, Editor of eDiscovery Today]
Even though we’re far from achieving critical mass in the legal profession when it comes to the use of predictive coding technologies and approaches in electronic discovery, the use of predictive coding for document review – especially relevancy review – to support discovery is certainly the most common use of artificial intelligence (AI) and machine learning technologies. Some of you reading this blog post may be “old pros” at this point when it comes to the use of predictive coding while others of you still have yet to “dip your toes” into the predictive coding pool.
Oman Vision 2040 on fast track Davis Kallukaran
20 Vision 2040 on fast track SHARE
Vision 2040 is going to be yet another turning point in the History of the Sultanate. Within a few months of taking the helm, His Majesty Sultan Haitham bin Tarik has embarked upon a total change in the economy and its administration. Apart from a major reshuffle of the cabinet, changes were brought about in the administrative apparatus of the government. A number of authorities have been merged to bring about more efficiency and economy in functioning by restructuring and establishing new reporting lines.
Moreover to streamline the investment and revenue stream of the government, Oman Investment Authority was established bringing in 65 major government companies under its fold. In a total restructuring of the Ministry of Finance, and Ministry of National Economy were set up. To augment the revenue stream, Oman tax Authority was established. The Value Added
Reappraise Risks for 2021
2020 forced many companies to make quick changes in sales, customer service, operations, and business management. Some businesses are still adjusting to these changes, while others are using this time to reset their strategy for emerging opportunities in a changing world. What about new risks? With cash reserves stretched, the looming threat of additional business changes, and an economy that’s struggling to regain its footing, risk exposure can’t be ignored.
Work venue changes
The workplace has been directly affected by the disruption of COVID-19. Leaders and staff have learned to work from home, trading commutes for makeshift home offices, virtual meetings, and remote technologies. Working from home poses added risks and exposure for businesses and their assets.
Apr 26, 2021
In recent news, South Africa has been shocked by numerus cases of identity fraud in the telecommunications, e-commerce, and financial sectors.
The South African Fraud Prevention Service (SAFPS) has indicated that there have been major increases in instances of identity fraud, with impersonations up by 337%.
“Biometric identification offers businesses and ultimately consumers the ability to protect their finances and their actual identity as well,” says Gur Geva, founder and CEO of iiDENTIFii. “It is beneficial for the public to understand elements of facial authentication and how it adds an extra layer of security.”
Geva explains that there are facets of biometric identity and security that need to be explored so organisations and consumers can see the positive attributes the industry has to offer.
Survey results shared by
Duff & Phelps, A Kroll Business on Tuesday (April 21, 2021) revealed that 81% of respondents either agreed or strongly agreed with the idea that digital IDs may improve our ability to combat financial crime across the financial services sector.
Duff & Phelps, which offers governance, risk, and transparency solutions, has polled professionals working in the financial services industry. The survey’s findings reveal that financial crime is now the main driver behind the development and adoption of digital ID services. Around 34% of the survey respondents said that more effective Know Your Customer (KYC) processes/checks were the main potential benefit to their firm.