What is AI and how is it created?Artificial intelligence is no longer a creation of science fiction. It now exists in everyday life, from stock market trading to facial recognition in social media. Artificial Intelligence has become a staple in everyday life even without people noticing it. Artificial Intelligence takes the form of computer software taking in data and executing an algorithm to predict results that we use, from which...
The influx of global investments for financial technology (Fintech) in the past year reached an all time-high of 27.4 billion US dollars.[1] As a disruptive technology, Fintech forced many businesses to study ways to adapt to this highly innovative industry....
In the midst of growing data breaches affecting a wide array of industries and applications, it has been increasingly necessary to safeguard personal data collection and processing through more stringent policies. The latest General Data Protection Regulation (GDPR) of the EU requires companies which handle personal data of European citizens to strictly comply with the GDPR standards. This recent development inevitably pushes the Philippines to stay abreast with its cybersecurity...
The year 2017 saw the proliferation of cyber crimes[1], with ransomware being the most notorious of such crimes. The likes of “WannaCry” and “Bad Rabbit” took over numerous computers all over the world, threatening its users with harm, usually by denial of access to data...
The efficiency and objectivity that algorithms provide account for the growing reliance on algorithmic decision-making processes. Decisions that were historically made by humans are now made by algorithms: votes are counted, loan and credit card applications are approved, welfare and financial aid decisions are made, and visas are granted by computer systems.[1]...
Websites nowadays are accompanied with a pop-up window that notifies the user that said websites use cookies for analytics, advertising, or optimal performance. It gives the user the option to consent to the use of cookies or to learn more about such cookies. Some notices would mention that it is pursuant to the General Data Protection Regulation (GDPR), a European Union (EU) regulation on the protection of consumer and personal...
