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How Is Video Surveillance Budding With Artificial Intelligence?

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Due to its ability to reduce security staff and management workload, AI-based video surveillance and analytics are seeing an increase in acceptance. Using artificial intelligence technology in video analysis can offer companies substantial advantages in the identification and informing of unforeseen events. The key technologies that transform camera-based security systems include object recognition, face recognition, event recognition, remote asset management, intelligent image processing, and analytics. What is video surveillance? A digital surveillance device is a supervision system that captures pictures and videos which can be compressed, recorded, or transmitted via communication networks. For almost any workplace, digital video surveillance devices can be used. The primary distinction from the digital video surveillance system is that a digital video surveillance system can capture and store the video signal in digital format. As the information is recorded in a digital med...

The Power of Data and Analytics in Insurance Fraud Detection

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The problem for cyber security in the life insurance sector is very severe, as is the case in other sectors such as banking, healthcare, etc. The insurance industry has a huge amount of client data and clients have a lot of confidence in the organizations with whom they do business. What is insurance fraud detection? The insurance industry is moving to a contemporary paradigm that focuses on risk mitigation and prevention instead of financial loss compensation. This is driving the development of new insurance ecosystems and the latest generation of rivals. However, many insurers stay threatened by legacy infrastructure, siloed applications and absence of understanding on the importance of insurance analytics. This is exacerbated by M&A activities and by raising customer requirements for the use of new technologies. In addition to this, insurers are compelled to innovate in the field of consumer experience in business applications, such as mobile applications to create claims ...