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The financial services industry handles vast amounts of highly sensitive financial information, including customer data, transaction records, and intellectual property, making them a prime target for cyber attacks.
MixMode, the only self-supervised AI-based real-time, risk detection platform in cybersecurity, announced today its selection for the fourth annual CyberTech100 list of transformational cybersecurity companies that financial institutions need to know about.
Cybersecurity teams working in financial and banking settings face a constant struggle — protecting industry regulated data with limited resources. The situation can reach a breaking point when these teams become overwhelmed managing false positive and negative flags triggered by legacy cybersecurity solutions.
Unsupervised learning actually draws inferences from datasets without labels. It is best used if you want to find patterns but don’t know exactly what you’re looking for.
The nation’s largest Financial Services providers are a favorite target for nation-state sponsored and coordinated cyber-attacks. Despite significantly more financial and resource investment in cybersecurity than any other industry, critical infrastructure breaches and novel attacks remain a daily occurrence.