Categories
Drones

Drone helps researchers find fresh water in sea at Easter Island | Mirage News

The efficiency of employing drones to detect freshwater sources on Easter Island has been established by researchers at Binghamton University, State University of New York. Freshwater is a limited commodity on Rapa Nui, as the island is known to its native inhabitants, despite being surrounded by a massive ocean. Because the pixel sizes are too wide to capture the coastal seeps in any detail, satellite imaging cannot be used to identify freshwater sources on Rapa Nui, according to DiNapoli. A drone, on the other hand, can gather high-resolution photographs while flying at lower altitudes. 

Source:  https://www.miragenews.com/drone-helps-researchers-find-fresh-water-in-sea-636444/ 

Categories
Cyber Security

US farmer cooperative hit by $5.9M BlackMatter ransomware attack | Bleeping Computer

NEW Cooperative, a farmers’ cooperative in the United States, was hit by the BlackMatter ransomware, which demanded $5.9m in exchange for not leaking stolen data and providing a decryptor. New Cooperative is an Iowa-based farmer’s feed and grain cooperative with more than sixty locations. The threat actors seek a $5.9m in a weekend ransomware attack, which will rise to $11.8 million if the ransom is not paid in five days. If a victim decides to pay, these ransom demands serve as a starting point for talks, which normally result in much lesser amounts. 

Source: https://www.bleepingcomputer.com/news/security/us-farmer-cooperative-hit-by-59m-blackmatter-ransomware-attack/ 

Categories
Artificial Intelligence

The importance of Artificial Intelligence (AI) and Data Analytics in Banking | IBS

The financial services industry continues to face challenges in terms of customer-centricity and financial inclusion. With the number of financial products available to consumers becoming progressively commoditized, AI-powered analytics can help banks stand out, gain a competitive advantage, and provide a more personalized customer experience. As these technologies mature, banks will be able to create a strategic and organizational focus on analytics, allowing them to adopt it as a true business discipline. Banks were early adopters of business intelligence and analytics to help them grow their businesses, minimize risk, and save money. The velocity of transaction data has increased dramatically as a result of the rapid growth of digital banking. 

Source: https://ibsintelligence.com/blogs/the-importance-of-artificial-intelligence-ai-and-data-analytics-in-banking/