Artificial Intelligence as Security Solution and Weaponization by Hackers – CISO MAG

By Julien Legrand, Operation Security Manager, Socit Gnrale

Artificial intelligence is a double-edged sword that can be used as a security solution or as a weapon by hackers. AI entails developing programs and systems capable of exhibiting traits associated with human behaviors. The characteristics include the ability to adapt to a particular environment or to intelligently respond to a situation. AI technologies have extensively been applied in cybersecurity solutions, but hackers are also leveraging them to develop intelligent malware programs and execute stealth attacks.

Security experts have conducted a lot of research to harness the capabilities of AI and incorporate it into security solutions. AI-enabled security tools and products can detect and respond to cybersecurity incidents with minimal or zero input from humans. AI applications in cybersecurity have proved to be highly useful. Twenty-five percent of IT decision-makers attribute security as the primary reason why they adopt AI and machine learning in organizational cybersecurity. AI not only improves security posture, but it also automates detection and response processes. This cuts on the finances and time used in human-driven intervention and detection processes.

Organizations use AI to model and monitor the behavior of system users. The purpose of monitoring the interactions between a system and users is to identify takeover attacks. These are attacks where malicious employees steal login details of other users and use their accounts to commit different types of cybercrimes. AI learns the user activities over time such that it considers unusual behavior as anomalies. Whenever a different user uses the account, AI-powered systems can detect the unusual activity patterns and respond either by locking out the user or immediately alert system admins of the changes.

Antivirus tools with AI capabilities detect network or system anomalies by identifying programs exhibiting unusual behavior. Malware programs are coded to execute functions that differ from standard computer operations. AI antiviruses leverage machine learning tactics to learn how legitimate programs interact with an operating system. As such, whenever malware programs are introduced to a network, AI antivirus solutions can immediately detect them and block them from accessing systems resources. This contrasts from signature-based traditional antiviruses which scans a signature database to determine whether a program is a security threat.

Automated analysis of system or network data ensures continuous monitoring for prompt identification of attempted intrusions. Manual analysis is nearly impossible due to the sheer volume of data generated by user activities. Cybercriminals use command and control (C2) tactics to penetrate network defenses without being detected. Such tactics include embedding data in DNS requests to bypass firewalls and IDS/IPS. AI-enabled cyber defenses utilize anomaly detection, keyword matching, and monitoring statistics. As a result, they can detect all types of network or system intrusion.

Cybercriminals prefer email communication as the primary delivery technique for malicious links and attachments used to conduct phishing attacks. Symantec states that 54.6 percent of received email messages are spam and may contain malicious attachments or links. Anti-phishing emails with AI and machine learning capabilities are highly effective in identifying phishing emails. This is by performing in-depth inspections on links. Additionally, such anti-phishing tools simulate clicks on sent links to detect phishing signs. They also apply anomaly detection techniques to identify suspicious activities in all features of the sender. These include attachments, links, message bodies, among other items.

Hackers are turning to AI and using it to weaponize malware and attacks to counter the advancements made in cybersecurity solutions. For instance, criminals use AI to conceal malicious codes in benign applications.They program the codes to execute at a specific time, say ten months after the applications have been installed, or when a targeted number of users have subscribed to the applications. This is to maximize the impacts such attacks will cause. Concealing such codes and information requires the application of AI models and deriving private keys to control the place and time the malware will execute.

Notwithstanding, hackers can predefine an application feature as an AI trigger for executing cyber-attacks. The features can range from authenticating processes through voice or visual recognition to identity management features. Most applications used today contain such features, and this provides attackers with ample opportunities of feeding weaponized AI models, deriving a key, and attacking at will. The malicious models can be present for years without detection as hackers wait to strike when applications are most vulnerable.

Besides, AI technologies are unique in that they acquire knowledge and intelligence to adapt accordingly. Hackers are aware of these capabilities and leverage them to model adaptable attacks and create intelligent malware programs. Therefore, during attacks, the programs can collect knowledge of what prevented the attacks from being successful and retain what proved to be useful. AI-based attacks may not succeed in a first attempt, but adaptability abilities can enable hackers to succeed in subsequent attacks. Security communities thus need to gain in-depth knowledge of the techniques used to develop AI-powered attacks to create effective mitigations and controls.

Also, cyber adversaries use AI to execute intelligent attacks that self-propagate over a system or network. Smart malware can exploit unmitigated vulnerabilities leading to an increased likelihood of fully compromised targets. If an intelligent attack comes across a patched vulnerability, it immediately adapts to try compromising a system through different types of attacks.

Lastly, hackers use AI technologies to create malware capable of mimicking trusted system components. This is to improve stealth attacks. For example, cyber actors use AI-enabled malware programs to automatically learn the computation environment of an organization, patch update lifecycle, preferred communication protocols, and when the systems are least protected. Subsequently, hackers can execute undetectable attacks as they blend with an organizations security environment. For example, TaskRabbit was hacked compromising 3.75 million users, yet investigations could not trace the attack. Stealth attacks are dangerous since hackers can penetrate and leave a system at will. AI facilitates such attacks, and the technology will only lead to the creation of faster and more intelligent attacks.

Disclaimer: CISO MAG does not endorse any of the claims made by the writer. The facts, opinions, and language in the article do not reflect the views of CISO MAG and CISO MAG does not assume any responsibility or liability for the same. Views expressed in this article are personal.

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Microsoft tech expert warns of bias and sexism in artificial intelligence – The Age

Ms Rich pointed to online searches for jobs where the term 'CEO' displays 11 per cent women and said while this may be accurate in terms of the number of women CEOs it means algorithms are only surfacing executive job positions to men.

"The algorithms are learning off data that is saying essentially women can't be CEOs, that is where it becomes concerning," she said.

Ms Rich said facial recognition software is 99 per cent accurate for white men but accuracy drops significantly for women and people from other backgrounds because the largest facial data set in the world is based on 80 per cent men and 75 per cent white men.

"For me, I am not a white man, I still need to work in the world and have facial recognition work for me," she said. "As soon as you are a woman of colour you are completely shut out of this."

Skewed data sets were highlighted by Caroline Criado Perez in her book Invisible women: Exposing data bias in a world designed for men which outlines a statistical "silence" about half of humanity.

It's a problem the government is looking to address with its AI Ethics Framework which includes the principle of fairness.

Last month the National Australia Bank, Commonwealth Bank, Telstra, Microsoft and Flamingo AI signed up to test the principles which state: "Throughout their lifecycle, AI systems should be inclusive and accessible, and should not involve or result in unfair discrimination against individuals, communities or groups."

Ms Rich said Microsoft was working to create more diverse facial recognition data sets by overlaying existing data sets with new data.

She called on startups and product developers to instil a more diverse way of thinking in order to avoid bias in AI.

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This could be done by hiring diverse teams, using and creating high-quality data sets, checking bias and auditing algorithms.

"It's really, really, really crucial that you're auditing any algorithm that you're creating to makesure that it's actually working for everyone," she said. "Because we're building products for everyone."

Follow MySmallBusiness on Twitter, Facebook and LinkedIn.

Cara is the small business editor for The Age and The Sydney Morning Herald based in Melbourne

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Microsoft tech expert warns of bias and sexism in artificial intelligence - The Age

SkyWatch Selected to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics for the Canadian Space Agency -…

WATERLOO, Ontario, Dec. 9, 2019 /PRNewswire/ --SkyWatch is excited to announce that the company was selected by the Canadian Space Agency (CSA) to complete Phase I of the Artificial Intelligence and Big Data Analytics for Advanced Autonomous Space Systems challenge in July 2019. During this phase of the project,SkyWatch will work closely with the CSA to develop and deliver a system concept that aims to demonstrate the technical feasibility and commercial potential of applying artificial intelligence and big data analytics to the data from multiple space missions collected by the CSA.

The purpose of the Artificial Intelligence and Big Data Analytics for Advanced Autonomous Space Systems challenge is to apply artificial intelligence and big data analytics to bring tangible advancements in the operation and utilization of space assets in support of government operations, public safety, public health and discovery. These methods could enable autonomous prediction of natural or man-made disasters and lead to the transition from reactionary imaging in response to crises to new services in predicting and preventing disasters (including fires, floods, disease outbreak, space weather events, etc.).

"SkyWatch'steam of engineers has been working successfully for many years now at combining data from multiple Earth observation missions to help a variety of companies and organizations derive new insights from these datasets," said JamesSlifierz, CEO ofSkyWatch. "We look forward to continuing our close relationship with the Canadian Space Agency on this important new project that would enable the agency to better utilize their fleet of imaging satellites."

About SkyWatch

SkyWatch (www.skywatch.com) is on a mission to make Earth-observation data accessible to the world. Hundreds of trillions of pixels of our planet are captured from space every day. Utilizing our past experience in building satellite data aggregation software, our team is developing EarthCache, a robust platform allowing developers to discover and access the world's remote sensing datasets.

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Marine Dumontier

media@skywatch.com

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VA launches National Artificial Intelligence Institute to drive research and development – FierceHealthcare

The Department of Veterans Affairs (VA) wants to become a leader in artificial intelligence and launched a new national institute to spur research and development in the space.

The VA's new National Artificial Intelligence Institute (NAII) is incorporating input from veterans and its partners across federal agencies, industry, nonprofits, and academiato prioritize AI R&D toimprove veterans' health and public health initiatives, the VA said in a press release.

VA has a unique opportunity to be a leader in artificial intelligence, VA Secretary Robert Wilkie said in a statement.VAs artificial intelligence institute will usher in new capabilities and opportunities that will improve health outcomes for our nations heroes.

Curating a Higher Level of Personalized Care: Digital Health + Mom

A long-term digital health strategy is needed to respond to the technology demands of the modern patient while thriving as an independent hospital in a fiercely competitive market. In this webinar, Overlake and one of its digital health partners, Wildflower Health, will discuss how Overlake has approached digital health and why it chose to focus early efforts on expectant moms within its patient population.

RELATED:VA taps Googles DeepMind to predict patient deterioration

For its AI projects, the VA plans to leverage itsintegrated health care system and the healthcare data it has amassed, thanks to itsMillion Veteran Program. That program has collected 800,000 veterans' data in a genomic database with the goal of researching how genes, lifestyleand military exposures affect health and illness.

The VA has tapped biomedical informatics leaderGilAlterovitz, Ph.D., to lead the NAII as the institute's director. Alterovitzis afaculty at Harvard Medical School in the Center for Biomedical Informatics. He is the director of the Biomedical Cybernetics Laboratory and core faculty member of the Childrens Hospital Informatics Program.

According to the VA, Alterovitz has led national and international collaborative initiatives for developing novel informatics methods and approaches for integrating clinical, pharmaceutical, and genomic information, from research to point-of-care.

Alterovitz ledthe Office of the National Coordinator for Health IT's "Sync for Genes" effort, an initiative to advancethe use of standards to enable and improve patients ability to share their genomics information.

RELATED:Mayo Clinic taps Google Cloud as strategic partner to accelerate innovation in AI, analytics and digital tools

VA has used AI and machine learning technologies to help reduce veterans wait times and identify those at high risk for suicide. The department's AI initiatives also have helpeddoctors interpret the results of cancer lab tests and choose effective therapies, according to the VA.

NAII is a joint initiative between VAs Office of Research and Development and Secretarys the Center for Strategic Partnerships. The programwill design, execute and collaborate on large-scale initiatives and national strategyand build on the American AI Initiative and the National AI R&D Strategic Plan.

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Chinese Association of Artificial Intelligence is hosting the 6th IEEE International Conference on the AI Pharos Pte Ltd co-organised Cloud Computing…

SINGAPORE, Dec. 10, 2019 /PRNewswire/ -- The Chinese Association for Artificial Intelligence (CAAI) is the only state-level Science and Technology organization in the field of Artificial Intelligence under the Ministry of Civil Affairs in the People's Republic of China. The 6th IEEE International Conference on Cloud Computing and Intelligence Systems is held from 19 December to 21 December 2019 at Carlton Hotel Singapore and is hosted by the CAAI, IEEE Beijing Section, co-organised by Tsinghua University, National University of Singapore, Shenzhen University of China,Pensees Pte Ltd and AI Pharos Pte Ltd.

Experts and scholars from various places will jointly host a feast of academic exchanges. At this conference, Professor Fuchun Sun from the Department of Computer Science and Technology of Tsinghua University, Dr. Wang Bin, Director of Xiaomi's AI Lab, and Provost's Chair Professor Ng Hwee Tou of the National University of Singapore are special guest speakers to discuss and share the latest academic trend.

CCIS 2019- Industry Track

For the first day of the conference on 19 December 2019, an Industry Track program with the theme, "Driving Industry Transformation with Intelligent Systems", is now open for public registration. In order to expand international exchanges and cooperation in the field of cloud computing and intelligent science and technology, and to enhance academic influence in this field, the Industry Track program focuses on in-depth research and discussion on cutting-edge technologies and hot issues in the fields of cloud computing, big data, computer vision, and artificial intelligence, thus to promote the development of related technologies and industries.

Industry Track Co-Chairs and Keynote speakers include:

CCIS 2019 - Industry Track is co-organised by AI Pharos Pte Ltd, a Deep Tech Community entity in Singapore. Tickets for CCIS 2019 - Industry Track is now available on https://www.eventbrite.com/e/ccis-2019-conference-industry-track-tickets-82770403505

CCIS 2019 Details:

Time: December 19, 2019Location: CARLTON Hotel, Bugis, Singapore

SOURCE AI Pharos Pte Ltd

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THE AI IN TRANSPORTATION REPORT: How automakers can use artificial intelligence to cut costs, open new revenue – Business Insider India

This is a preview of a research report from Business Insider Intelligence. To learn more about Business Insider Intelligence, click here. Current subscribers can log in and read the report here.

New technology is disrupting legacy automakers' business models and dampening consumer demand for purchasing vehicles. Tech-mediated models of transportation - like ride-hailing, for instance - are presenting would-be car owners with alternatives to purchasing vehicles.

In fact, a study by ride-hailing giant Lyft found that in 2017, almost 250,000 of its passengers sold their own vehicle or abandoned the idea of replacing their current car due to the availability of ride-hailing services.

This will enable automakers to take advantage of what will amount to billions of dollars in added value. For example, self-driving technology will present a $556 billion market by 2026, growing at a 39% CAGR from $54 billion in 2019, per Allied Market Research.

But firms face some major hurdles when integrating AI into their operations. Many companies are not presently equipped to begin producing AI-based solutions, which often require a specialized workforce, new infrastructure, and updated security protocol. As such, it's unsurprising that the main barriers to AI adoption are high costs, lack of talent, and lack of trust. Automakers must overcome these barriers to succeed with AI-based projects.

In The AI In Transportation Report, Business Insider Intelligence will discuss the forces driving transportation firms to AI, the market value of the technology across segments of the industry, and the potential barriers to its adoption. We will also show how some of the leading companies in the space have successfully overcome those barriers and are using AI to adapt to the digital age.

Here are some key takeaways from the report:

In full, the report:

The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of AI in transportation.

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Commuter Benefits Company, Clarity Benefit Solutions, Gives Insight into Embracing Artificial Intelligence in Human Resources – PRNewswire

NEW YORK, Dec. 10, 2019 /PRNewswire/ --Commuter benefits company, Clarity Benefit Solutions, gives insight into embracing artificial intelligence (AI) in human resources.

Studies show that utilizing AI within human resources departments has been shown to improve employeeand customerexperiences. However, very few HR departments are taking advantage of this technology; therefore, it is vital to educate companies on the valuable role AI can play in all things HR.

First and foremost, AI technology must be implemented properly. Using it in conjunction with other HR tools enables companies to hire talent, onboard this talent quickly and seamlessly, and retain top talent longer.

Recruiting is one of the most challenging tasks that HR professionals face. It takes significant time and energy, and often new hires are not a good fit. Using AI tools can assist HR professionals in crafting a strategy to find the proper candidates. These tools can match talent with characteristics relevant to a specific jobproviding HR with only the resumes of candidates qualified for the job at hand.

Once the appropriate employee is hired, the onboarding process can begin. Unfortunately, many companies lose hires within the first few months because of a lack of a cohesive onboarding process. Implementing AI technology into the onboarding process engages new hires, resulting in higher job satisfaction and loyalty.

The key to employee retention is reaching out often to new hires to make sure they are satisfied with the position and motivated to continue to perform. AI can help with this process by tailoring each employee's experience to ensure all specific needs are being met. These AI tools can provide HR professionals with insight on what inspires each employee so HR can create the most optimal, personalized work experience that is tailored to each individual employee. At the same time, AI can track what is not working for each employee and then assist HR in proactively addressing any concerns.

Forward-thinking employers should seriously consider the endless possibilities that AI technology can play in securing a company's future by attracting and retaining the best of the best. The future is bright when exceptional employees are in the mix.

About Clarity Benefit Solutions: Clarity Benefit Solutions provides technology that makes the health insurance plan selection process fast, easy, and straightforward. For over two decades, we have provided clients with industry-leading technology, compliance, and exceptional customer service. Our offering is designed to save time and lower the costs of managing benefits while also promoting employee self-service and automated ACA compliance.

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https://claritybenefitsolutions.com/

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Commuter Benefits Company, Clarity Benefit Solutions, Gives Insight into Embracing Artificial Intelligence in Human Resources - PRNewswire

Singapore BIGO Technology Integrates Artificial Intelligence Into Communication Apps for a Holistic and Immersive Experience for Users – Business Wire

LOS ANGELES--(BUSINESS WIRE)--Leading technology company from Singapore BIGO Technology (BIGO), the holding company for popular new age communication platforms like Bigo Live (Live Streaming), Likee (Short-form Videos), and imo (Video Communication) has shared that they use Artificial Intelligence (AI) as a foundation to create a more engaging, world-class immersive experience for their users.

Bigo Live, the popular live broadcasting app allows users to share real-time experiences with their friends. The app also allows viewers to comment or send virtual gifts to their favorite broadcasters to show their support. Most of Bigo Lives broadcasters use the platform to showcase their talents including dancing, singing, magic tricks and more. Bigo Live broadcasters can sometimes use this platform as a revenue source, transforming the virtual gifts sent in support by fans into cash.

Likee, which has garnered popularity very quickly is a short-form video platform with unique features that allow users to do magic tricks like disappearing, change the color of their hair, apply different styles of makeup, take on a different character and use fun stickers to animate their videos. Likee won the Google Awards in 2017 for Best App of the Year, and is one of the Most Downloaded Apps in 2019.

imo, a global video communication app best known for crystal clear transmission and low latency, empowers users through their instant connectivity. imo is particularly useful in geographically dispersed and low data reach areas. Friends and families now have a new reliable and inexpensive way of keeping in touch.

Together, these platforms service over 300 million active users on a monthly basis in more than 150 countries. In order to keep up with endless data being transmitted, AI is particularly important in deciphering, segregating, and analyzing large pockets of data, with key focus in the distinct areas of (1) Deepening user engagement, (2) Enhancing user experience, (3) Recommending feed to users, and (4) Ensuring a holistic and clean platform environment.

With 509 technological patents awaiting approval and 105 approved patents under its belt, it is evident that BIGOs central interest is a heavy investment in the area and the development of AI; ensuring that they stay ahead of the game.

As a global player BIGO has key Research and Development centers around the world, located strategically in Asia, North America, and the Middle East. The most recent center in Jordan was opened by the Minister of Digital Economy and Entrepreneurship, as a sign of their support for the technology firm. It is expected that with BIGOs presence, they will be able to uplift the level of AI talents within the country.

BIGO has also displayed their AI strength at global conferences and exhibitions in Dubai for Gulf Information Technology Exhibition (GITEX) 2019 and in Barcelona, for the Smart City Expo World Congress (SCEWC) 2019. The latter was visited by Singapores Minister for Foreign Affairs and Smart Nation Initiative.

About BIGO

BIGO is a fast-growing Singapore Internet company established in 2014. BIGO operates products and services in more than 150 countries in the world. BIGOs products include BIGO LIVE (global live-streaming platform), Likee (global short video creation platform) and imo (global video communication app).

BIGOs headquarters and regional centers are focused on building Artificial Intelligence capabilities and enhancements specifically for localization and country specific requirements.

At present, BIGO has R&D centers in China, India, the Middle East, Singapore, and the U.S. They also have over 20 offices around the globe.

BIGO aims to provide their users with a world class experience through their cutting-edge technology. Building a global and inspiring social community based on video service. BIGO encourages people to share their creativity, passion and happiness in life, to make the world a better place.

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Singapore BIGO Technology Integrates Artificial Intelligence Into Communication Apps for a Holistic and Immersive Experience for Users - Business Wire

Whistle Adds Artificial Intelligence and Workflow Automation to Guest Messaging Platform for Improved Hotel and Lodging Customer Service and Increased…

LOS ANGELES--(BUSINESS WIRE)--Whistle, the leading guest messaging platform in the hospitality industry, announced today artificial intelligence (AI) and workflow automation modules for its Whistle guest text messaging platform. Adding AI capabilities to its platform can further improve hotel and lodging customer service and increase operational efficiency already afforded by the Whistle platform. The modules are already being piloted at a major hotel chain.

Recognizing that hotels and lodging environments generally receive a set of common guest requests or questions, Whistle developed a homegrown conversational AI and machine learning (ML) model. Whistle is one of the first companies to create AI data analyses algorithms and message classification programs for the hospitality industry.

With the AI module, the Whistle guest messaging platform can categorize guest messages and, in some instances, automatically prompt the appropriate response back to the guest. For questions that do not have a definitive answer, Whistle is able to route the message to the appropriate hospitality team member, and even provides a set of suggested responses that the team member can choose between to be sent back immediately.

Workflow Automation for Fast ResponseWith Whistles AI functionality, hotels can automate workflow of many repetitive hotel and lodging tasks. The platform is designed to recognize a guest request and auto-prompt service requests and work orders to internal departments for quick completion.

Great customer service is a key differentiator to our customer base of quality hotel and lodging professionals, said Christopher Hovanessian, Whistle cofounder and CEO. Whistles AI and workflow modules streamline maintenance and housekeeping tasks. This remedies routine customer issues very quickly, freeing up hotel employees to focus on more complex customer service requests, thereby delivering exceptional customer service and building brand loyalty.

The module currently has over 90 percent and rising prediction accuracy, allowing it to understand many common guest messages and intents. The AI module applies to all hospitality departments including concierge, engineering, housekeeping, front office, spa, food and beverage, security, and more.

Guest Sentiment Heads Off Service ProblemsLeveraging Amazon Comprehend, a natural language processing (NLP) service from Amazon Web Services (AWS) that uses ML to find insights and relationships in text, the Whistle AI module is able to recognize the sentiment or intent of a guest message. Using this information, Whistle can escalate a guest message to the appropriate hospitality team member for efficient service recovery when needed. This information also allows Whistle to provide operational analytics to managers, with robust information on how particular hotel departments are performing.

The ability to virtually interact with customers can be a wonderful tool, but this creates a lot of data that can be difficult to make sense of, said David Peller, Global Head, Travel and Hospitality, Amazon Web Services, Inc. Amazon Comprehend allows users to organize and understand that data to enable actionable tasks and powerful analytics. The Whistle platform is a great example of how this tool can be used for customer success.

The AI module will be available as a part of select Whistle plans and services. For more information, visit https://www.trywhistle.com/blog/2019-12-02-conversational-messaging-in-hospitality-comes-to-life-with-artificial-intelligence/.

About Whistle

Whistle is the number-one rated Guest Messaging Platform. With over 85% of travelers carrying their smartphone, Whistle allows hotels and guest to communicate via SMS Text Messaging and Mobile Messaging pre, during, and post-stay. Whistle enhances customer service through real-time guest engagement, helping boost service scores while streamlining internal communication and operations through team messaging.

For more information, please visit: http://www.TryWhistle.com

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How AI Is Transforming The Art of Stock Picking – Analytics India Magazine

Every revolution experienced by humans has been centred on a particular invention or discovery. Fire, wheel, steam engines, assembly-line manufacturing, and computers-all of these have transformed humanitys prospects. Artificial Intelligence is considered by many to be the next addition in this list of revolutionizing ideas that change our being as we know it. It has already registered a stellar influence on every sphere and proven to be a game-changer for the stock market as well.

Trading on the stock market is all about making a profit there is no room for any kind of emotions. Most of the wrong decisions in trading or stock market are taken because of human emotions, as demonstrated by scores of business management tomes and Hollywood flicks. However, a machine can make complicated decisions and execute trades at a rate which humans cannot match.

Some of the major factors that play a key role in trading decision making are:

All these parameters can be used effectively by an AI-powered machine or a program.

A recent study by UK research firm Coalition found out that electronic trades account for almost 45% of revenues in cash trading. The AI-powered analysis is fueling new investment ideas and building unconventional portfolios. The power of analyzing millions of data-points across a vast period of time has enabled analysts to forecast market fluctuations with greater accuracy and mitigate risk while increasing returns.

Complex trading patterns can be analyzed at a massive scale across multiple markets. A continuous compliance risk assessment is also provided. With speech recognition and Natural Language Processing thrown into the mix, it becomes easier to search through conversions and notes. It also increases efficiency across large and small stock exchanges. AI enables enterprises to develop intelligence platforms that can churn massive sets of data to run easy-to-understand, ranked predictive models.

The technology also has the power to democratize the understanding of stock trading and make it more engaging for end-users. It also leads to cost-savings as the need for professional expertise can be kept to a minimum.

Analysis, operations and active query management, AI-enabled platforms can perform this task simultaneously. It optimizes operational efficiency in stock analysis like never before. For instance, today an investment strategy can be easily created by developing an intelligent asset allocation system that takes into account several factors including the behavioural trends of the user and employs deep learning to predict every asset in a particular portfolio.

At a macro-level, AI can help in building a cause-and-effect understanding of companies, markets, economies and the world. It has the power to bring in data from non-conventional sources such as newspapers, social media posts, etc. to predict the impact of a particular action on a stock.

Financial firms across the world are already in a race to develop and implement AI-based programs to make trading more profitable and efficient. As new tools continue to enter the trading industry, more and more data will be able to be manipulated; not only from historical data but also from other sources like social media.

Actionable intelligence achieved through engagement with experienced traders, analysts and engineers and these great new machines can enhance the world of trading to an unprecedented effect. Advanced authentication, encryption, intuitive interface, enhanced customer experience, the world of stock trading has benefited extremely through new-age technologies. It is like having a thousand, wise traders focused on enhancing the performance of every single stock of yours. With minimum hassle, AI promises the best performance out of each stock, ensuring that you smile broadly to your way to the bank or trade with minimum risk.

This article is a part of theAIM Writers Programme. If you wish to write for us, email us at info@analyticsindiamag.com

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