Friday, July 13, 2018

3 Disruptive FinTech Technologies to Watch in 2018

The European Union’s General Data Protection Regulation (GDPR) is predictable to limit the amount of data businesses can use for data mining. However, new research proposes that it will actually be an advantage for the FinTech industry. According to Roger Samara, consequences of GDPR is that industries will have access to data from patrons using a translucent opt-in model. The report also highlights three technologies that are predictable to expand the usefulness of big data. Let’s have a look at these technologies which are disruptive to the FinTech market this year:

Data mining in the GDPR Era: 


The aim of EU’s General Data Protection regulation is to protect the inhabitant’s personally identifiable information (PII). Actually, GDPR provides transparency around data use and give individuals the right to limit its use.

The blockchain technology has the potential to support organizations in following with GDPR’s rules. And this technology has taken the corporate world by storm. The electronic discrete ledger technology can create an unassailable record for keeping the history of transactions. As that data or information is permanent, using blockchain technology to manage PII could run afoul of GDPR norms. But when PII data is kept distinct from the blockchain network, the technology becomes part of the solution for GDPR acquiescence.

As GDPR already in influence, FinTechs are aware that data fissures will have greater consequences than ever. And they have to keep client consent at the forefront of their advertising crusades and approach. Data ruptures won’t just draw media coverage that could cause patrons to leave. But under GDPR, fines can be charged, as high as 4% of total revenue, which is a huge amount.

GDPR is not just about major breaches


When someone maneuvers his or her right to be forgotten, database records will have to be removed. And if blockchain is part of the particular system, a corporate blockchain administrator will require to confirm that any “on-chain” records become meaningless.

Luckily, there is a modest method for doing that. Data collectors have the opportunity to craft an open approach to consumer data while being suspicious of revealing user trust. Such a method combine transparency and honesty. Hence, the businesses who do not want to face patron backlash should seek to prioritize this.

It’s not just theoretic. In reality, data mining operations have come under better scrutiny over the past year. For instance, the Facebook/Cambridge analytical disgrace causes a substantial backlash by customers and even harshly down Facebook’s share price. So, the businesses which strategies to execute GDPR restrictions would profit by vending technology for data mining.

Decentralized Apps Will Detonate: 


This year will see a substantial growth in the deployment of Decentralised Apps (Dapps). Using blockchain as their fundamental technology, Dapps will create an inventive open-source software ecosystem, both secure and easy to develop for.

These apps pool resources across several machines worldwide, hitching the power of thousands of idle processors. The consequences are applications which do not belong to a sole entity but are community-driven.

Similar to blockchain technology, Dapps are discrete across many nodes, making them enormously fault-tolerant while also translucent to customers. These apps will be more secure. Actually, the devolution will make hacking and scam less dominant as data kept on the blockchain cannot be changeable at a later date. These features will surely lead financial players and third parties to utilize the technology where safety is paramount.

Although the requirement to use crypto-based tokens as compensation could be a hurdle. And the desire for a safe, recorded series of procedures will drive adoption, with customers enthusiastic to spend for the profit.

Quantum Supremacy: 


This year will see quantum supremacy, a quantum processor that can carry out tasks that are not practical with a traditional computer. It holds the promise of quickly solving composite algorithms, redefining areas such as FinTech, logistics, research and development etc.

Quantum computing works by utilizing essential particles such as electrons or photons with the notion that either their charge acts as a representation of 0 and/or 1. All these particles are called the quantum bit and how these acts form the foundation of quantum computing.

As a consequence, quantum computing can solve far more composite problems than present binary computers can handle. Indeed, quantum machines are millions of times more influential than binary machines and have the perspective to affect and dislocate procedures across all industries.

Wrapping Up


These are the top 3 disruptive FinTech technologies that you will watch this year. These technologies offer more safe and responsive applications and exponentially raise computational performance. Roger Samara has discussed the above technology. He is a computer savvy who is passionate about his work and the latest technological inventions. If you want more updates on technology, then stay in touch.

Friday, July 6, 2018

Why it is Unproductive to Request Unhackable Technology


We have seen ample of technologies in past few years and even many more are coming on the way. These mouthwatering technologies have changed the way we live or work says Roger Samara.

For instance, drone introduction is looking to disturb local distributions. Biometric technology could make identity verification and individual security far more progressive and reliable. Furthermore, self-driving cars could alter the way people commute. Of course, in a few years, our homes might be jam-packed with smart devices meant to automate as well as simplify the lives.

But along the way, customers and even business persons are obstructing the path toward development by highlighting the dreads they have of these technologies intrinsic vulnerabilities. However, it’s counterproductive to use these vulnerabilities as points of dispute against the validity of the technology or as hindrances to stop these technologies from becoming more accessible to patrons.




Why it’s unproductive to demand perfection


In reality, it’s bad to request hack-proof technology? After all, voicing a concern shouldn’t be low if it means producing a better technology highlights Roger Samara – a computer savvy. In fact, there are some issues with making these demands including:

•    Limiting Interest in Innovation


Pushing for innovative standards makes it less tempting to invest in the latest technology. Actually, it will take more time and money to invest in a product before you can start selling it. Also, there is no assurance you will get to a point that will content customers as well as policymakers. Fact is, some companies like Amazon will likely continue to follow novel technology no matter what kind of opposition they face.

•    Putting the Burden of Safety on Others


This mindset puts the burden of safety on other objects. If you are reluctant to faith biometrics until the system is unforgeable, you are overlooking your own accountability for security. For instance, it is not the company’s liability to make sure every employee select a strong password and modify it frequently emphasis Roger Samara. It’s not their responsibility to ensure you are defending your own personal information.

•    Stirring the Goalposts


It is an informal misconception in which an increasingly more intense series of evidence is demanded earlier a claim is putative. Demanding progressively high standards of safety is an illustration of this. Every time a novel technology attains some milestone for customer defense or confidentiality, it’s not going to be good enough for a proportion of the populace. This creates a boundless cycle that can never be destroyed since even meeting impossibly high standards would outcome in even higher standards being set.

What we all should do


What does this mean? Should we stop inquiries about new technologies, just to drive further invention? Of course not! It is crucial that everyone including specialists and non-experts be shrewd when assessing new technologies.


But there is a need to comprehend that all technologies are integrally inadequate and inherently susceptible. And that every step forward is going to unlock new opportunities, both good and bad. Hence, Roger Samara suggest it’s good to hold top engineers and businesspersons to high standards, but not quixotically so.

Wednesday, July 4, 2018

Top 4 Emerging Technology Trends for 2018

Welcome to the world of technology! Where everything is getting advanced and easier especially for the corporate world. Everyone knows that last year was a revolutionary year in terms of technology. According to Roger Samara, this revolution is not going to end here. It is going to evolve in the year 2018 or beyond. At present, various industries are doing strategic planning to adapt these technologies with the motive to lead in the industry. However, what is more, important is to understand the new technology trends and how it can bring changes in the upcoming years. So, let’s check out few emerging technology trends.


These trends become the stepping stones for 2018, the technological evolution has led to 5 major trends for 2018,


Intelligent Apps and Analytics


A growing trend of AI in applications and services has become inevitable since 2017. AI has been involved in creating intelligent apps to provide human a better lifestyle. Whether it is virtual assistants or task performers, smart apps have the potential to transform the consumption of services. These intelligent apps use Natural Language Processing (NLP) to develop a contextual understanding of user interactions to have smart, human-like conversations.

Artificial intelligence


A.I. will undoubtedly impact the world that we live in. And we can see the growing interest of businesses in artificial intelligence. Most organizations nowadays are continuously gathering information to build AI strategies to lead in the industry. Further, the usage AI strategies are rapidly moving from understanding user voice to performing human tasks that will soon increase machine-human interaction.

Digital Twins


In the digital world, digital twins refer to the replica of physical assets. Constantly updated from multiple sources, it uses sensor data to update. With the rise of Internet usage, today digital twins have evolved from being a concept into reality. According to the prediction of experts like Roger Samara, most of the industries will use digital twins by 2021 which ultimately improve the effectiveness of the organization. In the era of internet, technology has evolved in different ways that help different industries including Healthcare, Automotive, Telecommunication, etc.

Blockchain


The growth of Blockchain is a new revolution in the industries. As it by enables smooth interactions among commercial parties outside the system. Regardless to say, blockchain is more than the virtual currencies. In simple terms, it is a new form of accounting: triple entry, in the comparison of basic or double entry. Double-entry accounting solved the problem of companies going under by forcing them to write down not only money going in and out but also what that money was used for. In a similar way. It tracks who buys assets from whom. For example, in the transaction log of Bitcoin, you can see that you bought or sold Bitcoin and who the other party was. Furthermore, it accomplishes this without the need of a central manager.

Wednesday, June 27, 2018

Smart Home Technology - A Weapon for Domestic Abuse


The growing popularity of smart home technology has given rise to something dangerous i.e. internet connected abuse. In fact, the technology designed to make the home life easier is being used as a tool for domestic abuse.

According to a report, internet-connected household objects such as lights and thermostats can be controllable remotely. And some individuals using them as a mean to harass, monitor or control their victims says Roger Samara.



What is Smart Home Tech domestic Abuse?


Digital technology is progressively used in domestic and family violence, and so-called "smart home gadgets" could make it worse. The smart home devices domestic abuse is the use of smart home devices to stalk, monitor, and threaten individuals.

For instance, if your thermostat kicking up to 100 degrees or music suddenly blast in the home. These are some of the ways domestic abusers are frightening their targets. For the domestic abusers, it is actually inexpensive as well as easy to carry out. In fact, at the moment this has become a common form of domestic and family ferocity.

Domestic Abuse via smart home devices affect women more than men


The domestic abusers are utilizing the likes of internet-connected doorbells, lights, thermostats, speakers, and other smart home devices to harass their partners. Let’s know how:

One lady says that her air conditioning turns off or on without her controlling. Another woman reported her front door lock cipher regularly changed emphasis, Roger Samara.  A report also says that doorbell constantly rang when no one was there. Moreover, one lady tells that she resorted to towing her smart thermostat out of the wall.

The people working at abuse helplines says that they saw an upsurge in the call than last year regarding individuals who did not have control over their smart home devices. The callers say that the abusers are controlling them distantly through the smart home system.

Bottom Lines


Advancement in technology like smart home tech is both a blessing as well as a curse for the targets of domestic ferocity. And the lack of knowledge how smart technology works make the things worse. Fact is, the people who face the domestic abuse of smart home tech products are unaware of how to deal with this kind of behavior and how to make it stop.

Educating yourself is one of the best ways to make your smart home a safe place to live, suggest a computer savvy, Roger Samara. And if someone else set up the smart devices in your home, then begin from scratch. You should reset all the devices and watch online videos in order to learn how to set up them on your own.

Tuesday, June 19, 2018

Technology – Sword and Shield for Domestic Violence Victims


With developing the recognition that domestic fierceness can be continued using technology, there has been an upsurge of news stories that emphasis on how criminals use it to compel and control victim’s, emphasis Roger Samara.

For example, when a boy stole his ex-girlfriend’s laptop to monitor her social media messages. Or if a husband installs GPS tracking system in daughter’s toy in order to know his wife’s whereabouts without her information. However, there is substantial potential for victims to use technology in order to hold abusers accountable.





Technology - A sword and shield for the victim?


Individuals facing domestic ferocity can make use of technology as a sword as well as the shield. Following are some ways technology can protect, empower and improve victim’s access to justice:

  • The technological advancement gives victims remote access to services.
  • Different available apps and online websites connect victims with service providers or support group.
  • CCTV cameras and GPS tracking devices can attentive victims and authorities if an abuser is approaching.
  • Through available applications, victims can stay in touch with family and friends.
  • Victims and police can now record the prevalence of domestic ferocity emphasis Roger Samara.


According to a recent study of 65 people, 18 victim says they have used technology to make recordings of their abuser's behavior for numerous purposes. Causes comprise the gathering of proof to use in court, convincing themselves their ex-partner is, in fact, abusive and for the purpose of talking to the police and lawyers. Apps including iMatter, Smartsafe and Aurora are best applications for contact in an emergency situation.

Government support for tech solutions

The government seem like leading the way in the utilization of technology to tackle domestic fierceness. Moreover, it has enthusiastically comprised technology as part of its personal safety initiative. And this aims to protect children as well as women from family ferocity in their own residences.

Strategies used to help attain this goal include the installation of CCTV cameras in victim’s home to frighten abusers from breaking defence orders. In fact, Victoria forces will attire the camera while appearing in family violence incidents highlights Roger Samara.

Why is technology not cure?

It would be mistaken to trust technology will fix the problem of domestic fierceness. The axiom “prevention is better than cure” is correct. Fighting victim-blaming attitudes and teaching directed at the civic are important in averting domestic violence.

In fact, technology has its drawbacks. For instance, CCTV cameras and GPS tracking devices are prone to technical problems. Due to this reasons, these devices are not able to send timely alerts to authorities. Hence, these technological devices give the victim a wrong sense of security.

Another problem is that every individual cannot afford or access these safety devices without government funding. Therefore, whether these technological devices will help less prosperous victims is a question that requires enquiry.

Bottom Lines

There is a need to explore more inventive uses of technology in order to tackle the domestic fierceness. You should research more to scrutinize the efficiency of technology in averting domestic ferocity both in short term and long term.

Though, the indication to date demonstrates technology has much to offer fatalities of domestic violence says, Roger Samara. Hence, rather than stop using social media, the victims should use their smartphones or other devices to speak their story to people and get the help they deserve.

6 Tech Trends to Keep an Eye on in 2018

That time of year has arrived — both to look back at the developments that have come before and to look ahead to the advancements that will arrive as the calendar year passes.
Recently, Gartner released its predictions for tech trends in 2018 and several years beyond. From an increase in visual and voice search to a rise in bot development over mobile, it looks as though the tech darlings of 2017 will only grow in prominence and power.
But what other leaps forward might we expect in 2018? Let’s take a look at the top picks shared by expert Roger Samara:

1. Geo-targeting

Geo-targeting, or the process of delivering specific content to users based on their locations, may seem like a limiting concept. Why focus in on a single region when you can send a blanket message at lower cost? But drilling down into your customer segment in this way can add a sense of personalization that is more likely to bring in new business.
Imagine you’re a chiropractor looking to target people in a specific community who are interested in alternative medicine, meditation, and organic coffee,” says Lathan Fritz, founder of Amerisales and an expert in big data for small businesses. “Geotargeting allows you to focus on your ideal customer, getting to know them and knowing their interests, and then targeting those interests on their platforms of choice.”
The wealth of data on social media and mobile devices has given rise to this highly targeted approach.
Ads or other content delivered to your smartphone can change as you travel around an area or even the world. In today’s era of total customization, geotargeting is a natural fit, and advertisers and content providers will continue to leverage it in 2018 and beyond.
2. Anomaly detection/prediction
In manufacturing, a single error in production could be negligible — or it could create massive problems, not just for the equipment and product, but for public relations as well. Quality control has always been with us, but advances in information technology are bringing a new level of sophistication to this critical area.
Companies such as DataRPM, a Progress Company, and Hortonworks, a big data software company, are collaborating on cognitive systems for detecting anomalies in manufacturing.
Michael Ger, general manager for automotive and manufacturing solutions at Hortonworks, described the benefits of this collaborative approach, saying, “DataRPM’s cognitive anomaly detection and prediction capabilities perfectly complement our offerings, as they help companies make sense of the multi-structured data they collect.”

3. Customer service automation

From big-box retailers to tech startups, virtually every company performs some sort of customer service. But thanks to the rise of artificial neural networks, companies are increasingly turning to AI technologies to answer customers’ most common questions.
By 2020, IBM predicts that 85% of all customer interactions will be conducted without a human agent.
Leading the charge toward automated customer service is IV.AI, the world’s first artificial intelligence agency. Led by CEO Vince Lynch, IV.AI made waves at this year’s Facebook F8 Developer Conference by announcing that it had used machine learning to automate 96% of international airline Aeromexico’s customer service interactions.

4. Augmented reality

Expect more apps to take advantage of the iPhone’s latest operating system upgrade, which allows it to overlay additional information on whatever the camera is pointing at. This will be used for far more than the flash-in-the-pan craze of Pokémon GO.
The potential applications are really endless, but one possibility is a phone-based tour guide that provides facts and additional images relevant to nearby sites, stores, restaurants, and even the night sky as viewed through your screen.

5. Deep learning

After the upset win of Google DeepMind’s AlphaGo system, which used a deep learning approach against top-ranked Go master Lee Sedol in spring 2016, the tech community has become increasingly familiar with deep learning. This year, expect further popularization of the term due to successes in Google’s driver less car initiative and facial recognition.
Deep learning succeeds in areas of computer analysis that were previously tough nuts to crack because it does not rely on a brittle set of pre programmed rules for attacking a problem domain. Instead, it uses an approach inspired by the brain’s neural networks to find new ways to solve the most difficult problems.

6. Conversational Platforms

According to Roger Samara, there was a time when any degree of voice recognition by a computer — even a single word — was a big victory. Now Alexa is recognizing songs and musical acts, and Siri is giving you the local weather. But will we see something more like actual conversation in 2018?
It’s possible, but that will require conversational platforms to couple word recognition with a robust, adaptive internal model of the conversation topic, as well as provide an application programming interface that allows third-party developers to utilize their methods and features.
Such platforms will be able to predict what the user is speaking about, what relevant questions to expect, and what answers to deliver.
Once they become viable, conversational platforms may be able to do much more than respond to simple requests; technologists envision potential applications in law enforcement, education, medicine, and other areas.
There’s no doubt 2018 is going to be an exciting year. While these predictions may not play out exactly as forecast, it’s just as likely that stunning, unexpected advances will arrive to take their place. However the year turns out, we look forward to using some of the new technologies that will be discussed in retrospect at the end of 2018.

How Ransomware Attacks Wreck Computer Networks in Several Countries

Ransomware phenomenon continues to dominate the threat landscape. It is growing trend from past few years. This malicious software affects sectors including universities, hospitals, law firms, banks, Government, mobile users and various organizations equally worldwide emphasis, Roger Samara.
In fact, Ransomware attacks are happening on a daily basis and still have a high rate of success. Hence, cyber-security professionals are still scrambling to contain a universal Ransomware attack.
This malware has pretentious tens of thousands of computer networks in nearly 100 countries, including Russia, U.S., U.K., Ukraine, China, and India. Do you want to know in detail what Ransomware is and how it affects the cyber-security? Let’s have a look!

What is Ransomware?

Ransomware is a progressively popular and troublesome form of cyber crime. It is a piece of sophisticated malware, once take control over your system, threatens you with harm, generally by disagreeing you access to your files. This malicious software locks down all files on computer networks and asks the victim to pay a ransom in order to regain control over the files.
A pop-up window show instructions to the victim on how to pay a charge to get the decryption key of their system. Attackers can ask for money ranging from a few hundred dollars to thousands. Furthermore, they ask ransom virtual currency such as bitcoin, so that the cybercriminal identity is not known.

How Ransomware Works

There are a number of ways ransomware can take access to the computers. One of the most common vectors is phishing spam means an attachment that comes to the victim in an email. This harmful virus spreads from computer to computer on a network via email attachments masquerading as a file people should trust.
As you download or open it, the virus can take over your machine says Roger Samara– the master of the computer world. Moreover, another type of ransomware i.e. NotPetya breaches security holes to affect machines without demanding to trick users.

How Ransomware Infection Spreads

Cyber-criminals always try to discover new methods to extract personal data and infect a person’s computer with malware. You are lucky if you are not the victim of a cyber-attack till now. It is necessary to be proactive and keep your machines up to date for maximum protection.
Actually, cybercriminals look for the easiest way to attacks computer networks and use the backdoor to distribute a malicious code. Hence, it is essential to check the ways of spreading ransomware infection that attackers use:
  • Spam emails that contain malicious links or attachments.
  • Internet traffic that redirects to malicious websites.
  • Self-propagation capabilities.
  • Taking advantage of security exploits in susceptible software.
  • Malvertising campaigns.
The security breaches take place because online criminals are improving their methods day by day by using technical knowledge along with psychological manipulation.
Who has it affected so far?
Spain reports the ransomware attack firstly. The largest telecom in Spain hit with a pop-up window asking a $300 ransom in order to get access to files again. And after this approximate 16 hospitals in England’s National Health Service were pretentious. This virus locks doctors and nurses out of patient’s information until they get a ransom.
The network cyber attacks are being blamed on a piece of malware called WCry, WannaCry or Wana Decryptor. According to a report, it was allegedly spread by the Shadow Brokers which claim to have hack NSA link tea of attackers. Actually, the Shadow Brokers group which is fictional of having ties to Russia, posts windows hacking tools.
Victims of the bout are reactive with a pop-up window that says them their files are now encoded. And they have to pay $300 in bitcoin in order to unlock files.  The message is in the different languages and says:
“You can unlock some files for free. If you want to regain the access to all the files, you have to pay. Also, you have only three days to submit payment. After that ransom will get double.”
Roger Samara also add that the pop-up window contains a countdown clock that intimidates that files will be lost forever in seven days.
Wana Decryptor abuses a Windows flaw that was a patch in Microsofts Security Bulletin MS17-010. But the computers that are not up to date, the malicious code encodes all the files and then spreads itself. The infection of a single machine ends up conceding the whole company network.
The malware is both influential as well as insidious. You just walk up to your system and it’s pretentious, even if you did not touch it. All that can happen if your machine is ON and on the network.

Worldwide reaction to Ransomware Attack

In the United State, the Computer Emergency Readiness Team (CERT) collect numerous reports of ransomware attacks computer networks in many countries around the world. However, the agency did not recognize those countries.
Furthermore, the Department of Homeland Security tells that it’s synchronizing with international cyber partners in the wake of prevalent attacks. A member of Senate Armed Services Committee says that:
“Ransomware is really a big problem across the world, doctors and staffs are struggling to treat patients without having their digital records or dosages. Also, ambulances are being redirected, and millions of individual’s data are possibly exposed. We will likely look back at this as a crisis moment.”
England’s NHS says that ransomware hit at least 16 of its organizations. System’s digital office statement says that network cyber-attacks not particularly targets at the NHS. And is affecting organizations from across a range of sectors.
The ransomware attack also hit the amenities in Scotland. The Health Secretary Shona Robison says security experts are taking instant steps to decrease the influence of the ransomware across NHS Scotland.
IT workers at public health care system say that it is a major problem they have seen in their six years working. As of now, this malicious software has been localized says, Roger Samara Computer Technician. There has been no inside information leak from the Russian Interior Ministry’s information resources.