Global banks collectively paid more than $64 billion in penalties and fines in 2014, an increase of 30 percent from 2013. “Human risk” such as insider fraud, rogue traders, regulatory and trading non-compliance breaches are now the biggest risk factors for financial institutions. With fragmented systems creating data silos and so many potential points of entry to monitor - email, documents, trading systems, call center, video, social media, web, mobile and other devices – the need for Hadoop and cognitive analytics for Big Data is greater than ever.
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