Artificial Intelligence has been evolving over the decades. Its implications are multiple. If we talk about one of its applications, AI has always been used to strengthen security and compliance. The amount of data that organizations require is increasing project by project. Handling and securing a vast amount of data is a necessity. This data includes confidential information. Therefore, businesses need to ensure that the information remains secure and well protected. That is why AI helps in providing security solutions for businesses as well as to consumers. It is capable of automating crucial procedures like record management. It ensures that all tasks are carried out with compliance under basic protocols and standards that have been put up by the government. It restricts sensitive data to get access in an organization. How can AI help consumers? AI detects and prevents fraud by recognizing crucial information in the records and the transactions to learn behaviours ...
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