Scientists have been studying Natural Human Language for decades. Alexa is the all-knowing, interactive voice assistant from Amazon. Alexa is the voice of Amazon's Echo devices, such as the Echo Dot, and Echo Tap, as well as the Amazon Fire TV and other third-party products. People saw Alexa's capabilities develop dramatically, and Machine Learning is clearly to applaud.But how does it work?What technologies are being used?<h3 id="conversational-ai-demystified">Conversational AI Demystified :</h3>You've probably spoken with a lot of machines in your life, whether it's a support agent when you call your internet provider, an online bot on a website when you ask how to reschedule your travel ticket, or Alexa when you ask for a recommendation for a decent pizza nearby.What differs between these technologies from each other is how intelligent they really are. That?s where Conversational AI comes in. Conversational AI is that the technology that ultimately enables machines to naturally interact with humans via language. Its a subset of Artificial Intelligence that leverages concepts like :<ul><li>Automatic Speech Recognition (ASR)</li><li>Natural Language Processing (NLP) or Natural Language Understanding (NLU)</li><li>Text-to-Speech (TTS) with voice synthesis</li></ul>The audio waveform is transformed to text at the ASR step when you ask a query to an application. During the NLP stage, the device interprets the question and delivers a smart response. During the TTS step, the text is transformed into voice signals and audio is generated for the user. Several deep learning models are also connected to a pipeline to build a conversational AI application. A similar pipeline is used in Alexa as well.<h3 id="whowhat-is-alexa">Who/what is Alexa?</h3>Alexa is Amazon's equivalent of Apple's Siri. Alexa is Amazon's cloud-based voice service, which may be found on more than 100 million Amazon and third-party devices. With Alexa, you'll be able to build natural voice experiences that offer customers a lot of intuitive ways to interact with the technology they use every day. The Alexa Voice Service (AVS) was created by Amazon to replicate real-life conversations. Alexa records your voice when you ask, "What's the weather going to be like today?" The recording is then transferred over the Internet to Amazon's Alexa Voice Services, which parses it into commands it recognises. The system then sends the appropriate output back to your device. When you ask Alexa about the weather, an audio file is delivered back to you. Alexa delivers you the weather prediction without you even realising any communication between systems. Of course, this means that if you lose your internet connection, Alexa will stop working.The word "Alexa" is merely a "wake word" that tells the service to begin listening to your voice. To receive a response from most gadgets, simply pronounce the wake word. While Alexa is Amazon's official voice assistant, you may also change it and can use "Amazon," "Computer," or "Echo" as a wake word.<h3 id="learning-from-human-data-continuously">Learning From Human Data Continuously:</h3>Alexa's strength is data. Every time Alexa misinterprets your request, the data is used to improve the system's intelligence for the following time. Understanding natural human speech is a massive challenge, but we now have the processing capability to improve it as we use it more. Alexa is always learning from human data. Natural language generating capabilities are becoming increasingly advanced, even though the human language is highly complex. Amazon continues to have an army of specialists working on improving Alexa and Alexa Voice Services, as well as a legion of machines. Their goal is to make the spoken language as natural as possible as talking to another human being.<h3 id="how-does-amazon-alexa-work">How Does Amazon Alexa Work?</h3>Natural language processing (NLP), a method of turning speech into words, sounds, and thoughts, is the foundation of Alexa. It all starts with signal processing, which offers Alexa many opportunities to decipher the audio by cleaning it up. One of the most challenging aspects of far-field audio is signal processing. Seven microphones are utilised to determine the signal so that the device can concentrate on it. That signal can be subtracted via acoustic echo cancellation, leaving only the relevant signal. "Wake Word Detection" is the following assignment. It determines whether the user speaks one of the required words for the gadget to turn on, such as "Alexa." If the wake word is identified, the signal is routed to cloud-based voice recognition software, which converts the audio to text format. Alexa will evaluate features of the user's speech such as frequency and pitch to provide you with feature values to convert the audio to text.<h3 id="analysis-of-an-%E2%80%9Corder%E2%80%9D">Analysis of an ?Order?:</h3>Wake word, Invocation name, and Utterance are the three essential pieces of the above command.? Wake Word: When users speak "Alexa," the device wakes up. The wake phrase activated Alexa's listening mode, allowing it to take commands from users.? Invocation Name: The keyword used to trigger a specific "skill" is called the invocation name. The invocation name can be combined with an action, command, or query.? Utterance: When a user requests Alexa, they will use utterances. From the given utterance, Alexa deduces the user's intent and answers accordingly. In other words, the utterance determines what Alexa will do for the user.After that, Alexa-enabled devices send the user's instructions to Alexa Voice Service, a cloud-based service (AVS). Consider the Alexa Voice Service to be the brain of Alexa-enabled devices, doing all of the complicated tasks like Automatic Speech Understanding (NLU). The Alexa Voice Service analyses the response and determines the user's purpose before sending a web service request to a third-party server if necessary.<h3 id="machine-learning-has-facilitated-extensive-growth">Machine Learning Has Facilitated Extensive Growth:</h3>Alexa is getting smarter all the time. Alexa has figured out how to continue on a conversation from one inquiry to the next in the same way that humans do. If you don't know the precise name of a skill you want Alexa to perform, it will most likely be able to summon it if you get near. Additionally, using Alexa Hunches and smart home connected devices, the assistant will be able to notify you if a normal pattern has been broken, such as lights being left on or a door being left unlocked, and will offer to fix it for you. These are significant advancements over what was available only a few years ago in terms of a more conversational and sophisticated voice assistant.These are significant advancements over what was available only a few years ago in terms of a more conversational and sophisticated voice assistant. You guessed correctly. Machine learning has enabled these advancements.

Randrita Sarkar

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Artificial Intelligence

How Intelligent is Alexa with Conversational AI?

Quantum computing opens up previously unimagined opportunities for addressing society's most difficult problems. Microsoft is dedicated to responsibly bringing these possibilities to life for the benefit of people and the environment. From software and apps to control and devices, the Microsoft Quantum team innovates at every stage of the quantum stack.<h3 id="the-qubit-in-quantum-computing">The qubit in quantum computing:</h3>A classical computer uses classical bits, which can be either zero or one, to accomplish operations. Whereas quantum computers use quantum bits or qubits. And they can be both zero and one but at the same time. This is called a superposition of states. And it is this that gives the quantum computer its superior computing power. Qubits have some peculiar properties. For instance, it?s not possible to make copies of qubits. This is sometimes very useful, such as when you want to keep your information private. But it?s also sometimes very annoying because you can imagine that if you cannot copy a qubit and you cannot use this coping mechanism as a means to overcome errors.For a better explanation, we can compare a qubit to a coin toss. It's not heads and tails all at once. It's in a speculative position. The condition of the coin is not yet known while flying, and it can be described as a probability. In the case of a fair coin, the state of a flying coin can be described as 50 per cent heads/50 per cent tails. The coin's state "collapses" on the heads or tails state once it is "observed" (falls on the ground). There are many physical objects that can be used as a qubit. This can be a single photon, a nucleus or an electron.<h3 id="types-of-qubits">Types of Qubits:</h3>A variety of qubits are being developed: ? Superconducting qubits, These qubits, which are already in use in Google, IBM, and other prototype computers, are created from superconducting electrical circuits. ? Trapped Atoms, Lasers can trap atoms in place, allowing them to act as qubits. Ions (charged atoms) that have been trapped can likewise be used as qubits. ? Silicon spin qubits, Trapping electrons in silicon chambers to alter a quantum characteristic known as spin is a cutting-edge technique. ? Topological qubits, Majorana fermions, which exist in specific materials and could be used as qubits, are still in the early stages of development.<h3 id="the-problem-with-qubits">The Problem with Qubits:</h3>Even quantum computers make blunders from time to time. Their computing power is vastly superior to that of traditional computers. Because quantum computer circuits are based on qubits, which may represent not just zeros or ones but also superpositions of both states using quantum mechanics principles, this is the case. Qubits, despite their enormous potential, are extremely fragile and prone to errors as a result of their interactions with the noise.<h3 id="a-step-of-microsoft-towards-error-corrected-quantum-computers">A step of Microsoft towards error-corrected quantum computers:</h3>While quantum computation provides algorithms that outperform traditional ones, they are extremely vulnerable to external disturbances. Qubits are fragile which is a problem. An extensive study was undertaken to determine how to protect quantum computation from decoherence. Many of the world's largest technology companies are taking on the challenge, but Microsoft has chosen a more challenging task than its rivals.To generate quantum bits, IBM, Google, as well as a number of academic labs have used rather mature hardware, such as loops of superconducting wire (qubits). Microsoft, on the other hand, hopes to encode its qubits in a quasiparticle, which is a particle-like object that develops from the interactions within matter. Some physicists are unsure about the existence of the quasiparticles Microsoft is working with, It's also known as non-abelian anyons. However, the company wants to construct topological quantum computers by utilising their topological features, which make quantum states exceedingly resistant to outside intervention. topological qubits exist at two distinct places, they are insulated from noise, making our quantum computer more resistant to external influence. This increased stability will enable the quantum computer to scale to complete longer, more complex computations, bringing us closer to the solutions we need. Microsoft gathered together mathematicians, computer scientists, physicists, and engineers to find possible approaches using theory as a starting point. These specialists worked together, discussed methodologies, and solved innumerable equations to pave the way for the realisation of a topological qubit. Throughout this time, the Microsoft team looked into different materials, different ways to apply control structure, and different approaches to stabilise the topological qubit. Chemical compounds are now being produced at Microsoft labs using a technique termed "selective area growth" to create the exact surface layer needed for the qubit. This unique approach, chosen for its atomic-level precision, can be regarded as spraying atoms in the exact arrangement required to obtain the desired properties. To ensure that every qubit is appropriately tuned, characterised, and validated, the team continues to assess functional correctness using device simulation. Qubit architecture is based on nanowires that can enter a topological state under particular conditions (low temperature, magnetic field, material choice). Topological quantum hardware is inherently resistant to local sources of noise, which makes it especially interesting as the number of qubits grows. Majorana zero modes (MZMs), which are neither fermions nor bosons, are a fascinating property of topological nanowires. Instead, they follow more unusual quantum exchange laws. A topological qubit is formed by creating a comb-like structure out of numerous nanowires containing MZMs and linking them in a way that allows them to share multiple MZMs. To build a topological qubit, the first step is to consistently establish the topological phase in these nanowires. The researchers discovered a topological quantum vortex state in the centre of a semiconductor nanowire surrounded on all sides by a superconducting shell while examining the requirements for the creation of topological superconductivity. Mathematics, theoretical physics, solid-state physics, materials science, instrumentation and measurement technology, computer science, quantum algorithms, quantum error correction, and software application development have all come together to realise the topological qubit.Bridging these fields has resulted in ground-breaking strategies for realising topological qubits in all aspects. The topological qubit is still being developed at Microsoft, bringing us closer to scalable quantum computing and solving some of the world's most difficult challenges

One more step towards perfecting quantum computing with Microsoft

Environmental

A Key to Carbon-Free Economy: Green Hydrogen Ushers Us into The Future

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Machine Learning

Machine Learning: How Effective Is It in Cryptocurrency Trading?

<div>AI and big data have emerged as transformative technologies of
the digital era during the last decade, with applications leaping from science
fiction into our daily lives. However, when it comes to the entire economic
potential of the technology, we are still only scratching the surface.<o:p></o:p>

&nbsp;

There is a tool for almost every challenge in today's market.
So, why are customers and businesses still dissatisfied? In this age of big
data, AI technologies, and countless software apps and solutions, do enterprises know what the big data problem is and how to solve it?<o:p></o:p>

&nbsp;

Big data management is currently the most difficult task. Where
do I start? What is the solution? <h2 style="margin:0in;margin-bottom:.0001pt">What Are The Major Challenges With Big Data?</h2>Currently, the majority of businesses are faced with a situation
where there is a vast amount of data from many sources but no handbook on how
to use it.<o:p></o:p>The billion-dollar challenge is how to effectively handle the
exabytes of data that are being generated.<o:p></o:p>&nbsp;<h2 style="margin:0in;margin-bottom:.0001pt">What Exactly is Artificial Intelligence?</h2>AI reduces hours and days of work to minutes. It will reduce
operational costs and time by more than half. AI is ineffective on its own. It
must be fed data, goals, and conditions. AI is a tool in and of itself, and how
we use it is entirely up to us. As a result, our first instinct is to either
turn it into a business model or speed up the process. The goal is valuable
because it can help customers and build the economy.<o:p></o:p>Who determines AI's goals and conditions? It is we, the
organization's human workforce.<o:p></o:p>Who can assist the human workforce in creating quality and safe
working conditions? This is where EI comes into play.<o:p></o:p><h5 style="margin:0in;margin-bottom:.0001pt">&nbsp; <h2>What Exactly is Ethical Intelligence?</h2></h5>Ethical Intelligence is being aware of and informed about the
ethics you accept when working with data.<o:p></o:p>Ethical Intelligence provides context and asks why we need this
data. What purpose will it serve?&nbsp;<o:p></o:p>Combining AI and EI can assist us in transitioning from BIG DATA
management to smart data management. AI and EI work together to create a
symbiotic partnership for smart data management. Ethical Intelligence must be
utilized throughout the data management process. From data collection to data
preservation, we've got you covered.<o:p></o:p>&nbsp;<h2 style="margin:0in;margin-bottom:.0001pt">How do Big Data and Artificial Intelligence Work
Together?</h2>The world was immersed in big data before anyone even understood
it existed. Big data had amassed a large quantity of recorded information by
the time the term was created, which, if correctly examined, might give
important insights about the sector to which that particular data belonged.&nbsp;&nbsp;<o:p></o:p>&nbsp;It's not like big data and analytics storage and other
problems have vanished. For example, infrastructure, data preparation, and
governance are some of the areas where the combination of big data and AI
generates new demands or emphasises already existing ones, according to Gruber.
However, in some circumstances, AI and ML technologies could play a significant
role in how businesses handle these operational challenges. (Again, a cyclical
link may be seen).<o:p></o:p>&nbsp;A few methods are mentioned below:<o:p></o:p><h4 style="margin:0in;margin-bottom:.0001pt">Big data and AI are developing new techniques for
data analysis:</h4>One of the core business issues with big data is frequently best
summed up by asking, "Now what?" In other words: What do we do with
all this stuff (that's the technical phrase for it) and plenty more of it
coming? It wasn't always simple to hear the answers to that question in the
once-deafening clamor around big data.<o:p></o:p>&nbsp;Moreover, it frequently took a lot of human work to answer that
question or get insights from your data. AI is inventing new ways to accomplish
this. Generally speaking, AI and ML are new techniques.<o:p></o:p>&nbsp;<h4 style="margin:0in;margin-bottom:.0001pt">Analytics of data is getting less labour-intensive:</h4>As a result, data management and analysis now rely less on
time-consuming human labour than in the past. People are still important in
data management and analytics, but AI is speeding up operations that used to
take days or weeks (or longer).<o:p></o:p><h5 style="margin:0in;margin-bottom:.0001pt">&nbsp; <h4>Business analytics:</h4></h5>Data collecting has been a staple of business for decades, but
digital technologies make it easier than ever. With data sets rising by the
second, it's practically difficult for any one person or firm to use the data
they're gathering efficiently.<o:p></o:p>AI-enabled apps can quickly process any data set, whether it is
acquired in real-time or from a pre-existing database. AI technologies are
being used by businesses to boost productivity, create personalised
experiences, inform decision-making, and cut costs.<o:p></o:p>&nbsp;Data and AI are often used for analytics and automation,
assisting organisations in the process of transforming their operations.<o:p></o:p>&nbsp;<h2 style="margin:0in;margin-bottom:.0001pt">The Melding of AI and Big Data</h2>AI and big data can help each other achieve more. To begin, data
is supplied to the AI engine, which makes the AI smarter. Following that, less
human interaction is required for the AI to function correctly. Finally, the
fewer people are required to run AI, the closer humanity will be to fulfilling
the full potential of this continuing AI/big data cycle.<o:p></o:p>&nbsp;This progress will necessitate the participation of humans who
have received training in data analytics and AI algorithm programming.<o:p></o:p>&nbsp;Big data will expand as AI becomes a more feasible choice for
automating more jobs — and AI will expand as more data is accessible for
learning and analysis.<o:p></o:p>&nbsp;<h5 style="margin:0in;margin-bottom:.0001pt">Responsible AI</h5>Responsible AI refers to a collection of frameworks that ensure
your company uses its AI-based products transparently and ethically.<o:p></o:p>The use of AI should not be treated lightly. As previously said,
establishing governance and security procedures is critical, but you'll also
want to advise workers and executives on how to use AI.<o:p></o:p>&nbsp;<h5 style="margin:0in;margin-bottom:.0001pt">AI Big Data Analytics</h5>AI can help users at all stages of the big data cycle, which
refers to the processes involved in the collection, storage, and retrieval of
various types of data from multiple sources. Data management, pattern
management, context management, decision management, action management, goal
management, and risk management are examples of these.<o:p></o:p>&nbsp;Using natural language processing, AI can identify data kinds,
discover probable links between datasets, and recognise expertise. It may be
used to automate and accelerate data preparation processes, such as data model
building, and to aid in data exploration. It can detect and resolve possible
information defects by learning common human mistake patterns. It can also
learn by observing how a user interacts with analytics software, quickly
exposing unexpected insights from vast datasets.<o:p></o:p>







































































































<o:p></o:p>&nbsp;</div>

The World is Accelerating with Game-changing Technology Like AI and Big Data: The Great Tech Rivalry

The cyber-world is continually growing and changing due to advancements in technology and today's ever-evolving digital landscape. The financial industry also influences this development by becoming more sophisticated, agile and transparent. Read more.

In 2023, cybersecurity will remain at the top of the list of CIO concerns. This is expected considering the terrible landscape of cybercrime. There were 2.8 billion worldwide malware attacks and 236.1 million ransomware attacks in the first half of 2022.

A Seismic Shift in The Ever-Changing Dynamic of The Cyber World of The Financial Industry

How Cyber Risk Management Is The Newest Tool of Financial Technology? |Techfastly

"The rise of supply chain threats and escalating ransomware attacks are the most pressing cyber challenges the international community needs to address. Business leaders must consider cybersecurity as a risk management issue and balance the trade-offs between security, usability and cost at the Board or C-suite level." &nbsp;-&nbsp; &nbsp; &nbsp; &nbsp;David Koh, Commissioner of Cybersecurity and Chief Executive, Cyber Security Agency (CSA), Singapore&nbsp;Recent developments have resulted in unparalleled growth in cyber dependency and technical innovation. As these interdependencies continue to grow, so do the related dangers and threats, requiring all individuals and organizations to adopt a more defensive posture, seek clarity on their cyber presence, and take appropriate precautions to keep them secure.Despite the efforts of cybersecurity specialists, the cybersecurity visual tends to deteriorate year after year. Cybercriminals will be as busy as ever in the year 2023. Are IT departments prepared to fight against the innovative methods cyber attackers adopt for the attacks? &nbsp;In 2023, cybersecurity will remain at the top of the list of CIO concerns. This is expected considering the terrible landscape of cybercrime. There were&nbsp;2.8 billion worldwide malware attacks&nbsp;and&nbsp;236.1 million ransomware attacks&nbsp;in the first half of 2022.&nbsp;<a href="https://www.techrepublic.com/">[Data Source: Techrepublic].</a>&nbsp; &nbsp;In a recent study of&nbsp;350&nbsp;chief technology officers, chief information officers, and IT directors conducted by IEEE,&nbsp;51% of respondents mentioned cloud vulnerability as a key concern&nbsp;(up from 35% in 2021), and&nbsp;43% cited data centre vulnerability&nbsp;as a top concern (up from 27% in 2021).&nbsp;Other issues that affect cybersecurity experts include:<ul><li>Ransomware attacks (30%)</li><li>Attacks against an organization's network that are orchestrated (30%)</li><li>Insufficient investment in security measures (26%)</li></ul>&nbsp;2023: A Pivotal Year for Financial Market Data?&nbsp;The world of financial market data never sleeps, but 2023 is shaping to be particularly difficult for users that underlie trading and investment in all financial assets.&nbsp;&nbsp;- Digital&nbsp;Change is Intensifying &nbsp;The key drivers for the paradigm shift in the financial industry are the rising popularity of cloud technology for data management, followed by a surge in the usage of AI/ML (artificial intelligence/machine learning) to extract intelligence from data. DeFi (decentralized finance), ransomware, cyber resilience, zero-trust, risk mitigation, and posture management will all be the key topics in 2023.&nbsp;Forty-two percent of exchanges, trading systems, and data providers were aiming to introduce trade execution and analytics services using AI, while the rest were already delivering data products and services powered by AI. Such a digital transformation creates serious security concerns. One of the significant advantages of digital transformation is that people may interact from anywhere. Cybersecurity must be an integral part of the process from the outset to ensure that all interactions are secure.&nbsp;-&nbsp;An Expansion in Managed Services &nbsp;Will an increase in data spending mirror the rise in data sources? According to authoritative yearly research by Burton-Taylor International consultancy, spending on market data jumped&nbsp;6% to $33 billion&nbsp;last year as remote working increased data demand. According to B2B research company MarketsandMarkets, the worldwide managed services market is predicted to rise to&nbsp;$354.8 billion in 2026&nbsp;from $242.9 billion in 2021. Organizational growth will be driven by factors such as the demand for secure infrastructure, cost, and regulatory compliance.&nbsp;A similar tendency may be seen in the financial data sector. Simply said, putting internal resources into financial data sector will not yield a competitive advantage. Using managed services may help businesses control their vendor relationships and take a more strategic approach to acquire information services.&nbsp;Nonetheless, 2023 promises to be a year of financial innovation, a chance to drive digital transformation and alleviate the myriad of possible concerns.Change to financial industry's core business practices brought about by data and analytics, by functions<figure class="image"><img src="https://iaxds62ruoojbg1k4180.cleaver.rocks/images/posts/99ec792e-2fde-45e0-931d-7a31e0727751.png"></figure>&nbsp;Analyzation of Cyberspace of Financial Market IndustryCybercriminals are more dynamic than ever, quickly adapting to new technology, modifying their attacks using new ways, and working closely together, embracing every chance to exploit technological vulnerabilities in the BFSI sector. More recognized or "classic" organized crime organizations, such as the "mafia," are experiencing a digital revolution in their illegal operations. Many unlawful "mafia-style" organizations pay hackers to help in illicit operations such as extortion and drug trafficking. &nbsp;Dark Web IntelligenceThe dark web is teeming with hacking services that provide a wide range of skills, inexpensive fees, and short engagement times. Cybercriminals, often known as Blackhat hackers, may be recruited to get access to the database and change consumer account information. Prices for these services are frequently reasonable, especially where there is a risk of personal or institutional damage.Digital Disruption in Banking<figure class="image"><img src="https://iaxds62ruoojbg1k4180.cleaver.rocks/images/posts/83ce7a6e-d86d-4110-b6da-7757388f12ac.png"></figure>Over the last few years, digital payments in India have experienced rapid growth. According to the RBI Annual Report 2020-21, overall digital transaction volume in 2020-21 was Rs.4,371 crores, up from Rs.3,412 crores in 2019-20, demonstrating the robustness of the digital payment system, particularly during the pandemic. Consumers are now being given various innovative and quicker banking services as technology improvements continue to challenge established methods. Online deposits, mobile wallets, e-bill payments, net banking, mobile banking, ATM transactions, and a potential RBI-controlled cryptocurrency (if introduced by the Government of India) have all become indispensable components of the whole financial transaction process. Furthermore, with artificial intelligence at the heart of the digital banking revolution, the landscape has seen the emergence of fintech and neo-banks, improving the entire banking process and making it more comfortable for consumers.&nbsp;When user understanding of the mode of operation is still low, the work becomes even more difficult. Securing online transactions in rural India while raising awareness about cyber threats will be vital factors of the&nbsp;Digital Banking Roadmap in 2023. &nbsp;In order to meet the demand for higher precision and efficiency, banks and credit unions will progressively adopt&nbsp;flexible, agile, and scalable cloud computing solutions in 2023&nbsp;to store data and support applied analytics. Cybersecurity strategies for cloud data will be at the forefront of this step.&nbsp;AI-based solutions will be widely used in the Indian banking industry by 2023. &nbsp;Modern technology and digitalization have made significant inroads into the Banking, Financial Services, and Insurance (BFSI) industries. In the BFSI industry, India will move toward technology-driven and technology-influenced forms of operation by 2023. In such a case, a comprehensive plan is required, with cybersecurity playing a critical role.&nbsp;BFSI Industry: The Shift to Cyber ResilienceBFSI support for cyber resilience is growing in strength and prominence. Sixty-seven percent of cyber leaders say they adopt typical cyber-resilience techniques, although they admit some inefficiencies exist. Only 19% of cyber leaders are confident in the cyber resilience of their firms. There is an apparent disparity between securing and attacking a network, and this disparity is growing as more effective hacking resources become available at a considerably reduced cost. However, organizations will be more vulnerable to cyberattacks without ongoing investment and focus on cyber resilience, increasing the risk of reputational, financial, operational, and safety effects.&nbsp;Financial institutions can make efforts to improve operating speed, create value from new investments, improve training and cybersecurity coordination, and work to preserve what they have.&nbsp;According to Accenture's analysis, if businesses could perform at the same level as the best-skilled group in cyber security, they could lower the cost per attack by 72%.&nbsp;&nbsp;<img src="https://lh3.googleusercontent.com/CbkSEz-MFC4XJ0HIFrTBYmxJHeipcO7Y1oEnEvqAtI7bhvzBT2UZtNU4UzDfz7_434qR9i9XI8Z7YN4u9qrn48zQIisuNPDZiBD-2c8_j-xAVlNjoLf6AJ30mCCoiWp9dj-ClQFKROXkl9e0b_h7PSsLbI8PVaED9dxGx_Oah6A9ge2P0RSWSkrUxLcPOWyp" alt="Cyber Resilience - Financial Stability Board">&nbsp;[Source :&nbsp;<a href="https://www.fsb.org/work-of-the-fsb/financial-innovation-and-structural-change/cyber-resilience/">Financial Stability Board</a>]&nbsp;Addressing the Cyber and Business GapThe distance between business and security leaders is growing, placing cyber leaders in an increasingly hazardous position. Companies rely substantially on cybersecurity, yet it is not considered in organizational decisions. Because of the increasing reliance on digital technologies, most businesses' daily operations necessitate some understanding of cyber and technology hazards. Many business leaders consider business and investment risk, whereas technology leaders consider technical risk. If business and technology leaders can agree on the same risk criteria, cyber security will be considerably stronger, and risks will be decreased. Incorporating cyber security into organizational decisions does not necessitate the appointment of a cyber expert to the board of directors. <img src="https://lh4.googleusercontent.com/F3ThY6Lf5Upn7t6OJGuu7brgzrBgzr1eyRE4fXTQ5QeWzYCAD_bL4P50Wm6FxdxHeGY8Ta2ZyZkoDyiq08JP-8qu-NxLhUSZNZV5CRkkjuayAzKjGIYwLdPfGS--WnduLXz8jFSWFyDJ5M24RDzdtD2C7hOOU6fifkTLFnP6pOvQ7bhSnrw89mcYxDN7Lqx0">&nbsp;Executives must be prepared with enough knowledge to include cybersecurity in decision-making. Companies will continue encountering phishing, ransomware, and DDoS attacks, like in previous years. Unprotected home networks, unskilled staff, and a lack of a cybersecurity culture will pose a severe threat to enterprises unless appropriate precautions are taken.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;

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