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    <title>Forem: teeyah s</title>
    <description>The latest articles on Forem by teeyah s (@teeyahs).</description>
    <link>https://forem.com/teeyahs</link>
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      <title>Forem: teeyah s</title>
      <link>https://forem.com/teeyahs</link>
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    <item>
      <title>The Purpose of Data Classification</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Wed, 21 Feb 2024 18:36:18 +0000</pubDate>
      <link>https://forem.com/teeyahs/the-purpose-of-data-classification-26gb</link>
      <guid>https://forem.com/teeyahs/the-purpose-of-data-classification-26gb</guid>
      <description>&lt;p&gt;Data classification serves several purposes that benefit organizations across various industries and domains. Firstly, it &lt;strong&gt;makes organizational data accessible&lt;/strong&gt; by structuring and organizing large volumes of data. Categorizing data into specific classes enables easy retrieval and management of critical information, enhancing operational efficiency.&lt;/p&gt;

&lt;p&gt;Secondly, data classification plays a crucial role in protecting and securing data. &lt;strong&gt;By labelling data based on its sensitivity levels&lt;/strong&gt;, organizations can prioritize security measures to safeguard different types of data effectively. This helps in mitigating risks and preventing unauthorized access or misuse.&lt;/p&gt;

&lt;p&gt;Moreover, data classification assists organizations in preparing for &lt;strong&gt;compliance with industry-specific regulations&lt;/strong&gt;. By identifying vulnerable data sources and ensuring compliance readiness, organizations can adhere to legal and regulatory requirements, minimizing potential legal risks.&lt;/p&gt;

&lt;p&gt;Lastly, unstructured data classification helps organizations &lt;strong&gt;manage the entire data lifecycle&lt;/strong&gt;. It enables them to determine which data sources need to be retained and which can be safely eliminated, reducing storage costs and potential legal liabilities.&lt;/p&gt;

&lt;p&gt;Check out this &lt;a href="https://www.ohalo.co/blog/mastering-unstructured-data-classification-the-key-to-effective-data-governance"&gt;Blog&lt;/a&gt; to learn more about Data classification&lt;/p&gt;

</description>
      <category>discuss</category>
      <category>data</category>
    </item>
    <item>
      <title>Turbocharging Document Classification with Gen AI</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Mon, 19 Feb 2024 15:55:10 +0000</pubDate>
      <link>https://forem.com/teeyahs/turbocharging-document-classification-with-gen-ai-cdh</link>
      <guid>https://forem.com/teeyahs/turbocharging-document-classification-with-gen-ai-cdh</guid>
      <description>&lt;p&gt;In an era where data surges through organizations like a relentless tide, the challenge transcends mere accumulation; it's about extracting tangible value from this sea of information. Traditional document classification, with its rigid patterns and outdated rules, struggles to keep pace. This is where the transformative power of Generative AI and Large Language Models (LLMs) comes into play, heralding a new epoch in data management.&lt;/p&gt;

&lt;p&gt;These technologies are not just solutions to the current challenges but are reshaping the very landscape of document handling. They offer a leap from the laborious manual sorting and conventional rules-based approaches of the past to a future where data is intelligently and efficiently categorized with AI.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Advancements in Document Classification&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;As we embrace this new epoch in data management, driven by Generative AI and LLMs, we observe a pivotal shift in document classification strategies. The transformation is profound – moving away from the limitations of regular expressions, dictionaries, or conventional machine learning methods, which once formed the cornerstone of this domain. Today, the focus is on intelligent, dynamic systems capable of comprehending and categorizing data with unprecedented accuracy and subtlety. This shift is not merely about adopting new technologies; it's about redefining the very approach to managing the vast and varied tapestry of data that modern organizations face. Generative AI and LLMs stand at the forefront of this revolution, offering nuanced understanding of an ever-growing and diverse array of documents, especially when they are stuck in silos.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Auto Labeling with LLMs&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Picture a librarian in a vast, disorganized library, previously tasked with categorizing books using rigid categories and strict rules. This scenario parallels the traditional methods of document classification in organizations, where fixed patterns and predefined rules were the norm. Now, imagine this library acquires a remarkable new assistant, one with the ability to understand the essence of each book, its content, and purpose, transcending the need for predefined categories. This assistant adapts effortlessly to the library's ever-growing and evolving collection.&lt;/p&gt;

&lt;p&gt;In the realm of document management, auto labeling with LLMs represents this magical assistant. Moving beyond the constraints of rigid patterns or predefined rules, LLMs harness the nuanced power of language understanding. They can identify and categorize documents based on their content and context, not merely their format or keywords / patterns. This revolutionary approach introduces unprecedented flexibility and intelligence to document classification, mirroring the capabilities of our metaphorical assistant in the library. It's a leap from the static, rule-bound past into a dynamic, context-aware future of document management.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The Power of Flexibility&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;The hallmark of LLMs in document classification is their remarkable adaptability—a quality that goes beyond mere categorization. Unlike traditional methods that falter in the face of diverse document structures, LLMs excel in handling a wide array of formats. This ability extends from deciphering intricate invoices to parsing complex legal contracts, and even sorting through a multitude of emails.&lt;/p&gt;

&lt;p&gt;Consider, for instance, a legal firm dealing with a variety of documents, each with its unique structure and content. Traditional classification methods often struggle in such a complex landscape. However, with the implementation of LLMs, the firm experiences a transformation. Not only can LLMs effortlessly categorize contracts, briefs, and court orders, regardless of their varied layouts, but they also introduce a significant level of automation.&lt;/p&gt;

&lt;p&gt;This automation allows for the classification of documents with minimal need for manual intervention, liberating valuable human resources to focus on more strategic, high-level tasks. The result is a streamlined document management process that accelerates workflows and enhances overall efficiency in an everyday setting.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Data Protection and Security&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Another important aspect for organizations to focus in this new landscape where LLMs redefine document classification, is data protection and security. For organizations like legal firms, which handle a plethora of confidential and sensitive documents, the risks of inadequate security measures are not just hypothetical but a direct threat to their professional integrity and client trust.&lt;/p&gt;

&lt;p&gt;Automated document classification with LLMs serves as a critical tool in this context. It's not just about categorizing documents for efficiency; it's also about identifying and securing sensitive information. By automatically tagging documents containing confidential client details or proprietary legal information, LLMs enhance the firm's ability to protect this data proactively. This instills a culture of robust security and trust, ensuring that every piece of data is handled with the utmost care and discretion.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Unlocking Data Analytics Potential&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;In document classification, LLMs do more than just organize data; they enrich it by extracting and utilizing metadata, offering a deeper layer of context. This metadata, which includes details like document author, creation date, referenced entities, and personally identifiable information, becomes a key to unlocking hidden insights in documents.&lt;/p&gt;

&lt;p&gt;Take the example of a legal team analyzing a series of contracts. With LLMs, they're not just categorizing contracts by basic identifiers like parties involved or contract type. Instead, they're also extracting metadata that offers insights into patterns such as average contract value or timelines for contract renewals. This metadata provides a richer context, allowing the team to uncover trends and anomalies that were previously unnoticed.&lt;/p&gt;

&lt;p&gt;By leveraging this enriched data, organizations can make more informed decisions. In a legal firm, this could mean optimizing contract management strategies, enhancing client service by anticipating key contract milestones, or identifying opportunities for renegotiation or renewal. This represents a significant shift in using data for strategic advantage.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The shift to automated document classification with LLMs isn't just an upgrade; it's a critical pivot.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;As we've seen, the traditional approaches are becoming obsolete, leaving those who hesitate to adopt advanced technologies like LLMs at a stark disadvantage. The stakes are high: organizations that fail to adapt risk not only inefficiency but also significant security vulnerabilities and missed opportunities in data analytics.&lt;/p&gt;

&lt;p&gt;This is more than just a technological shift; it's a survival imperative in the data-intensive landscape we navigate. &lt;strong&gt;The &lt;a href="https://www.ohalo.co/blog/embracing-the-rise-of-generative-ai-opportunities-and-challenges-for-businesses"&gt;integration of LLMs in document classification&lt;/a&gt; is not merely an option but a necessity for organizations that aim to protect their data, uncover hidden insights, and stay ahead of the curve.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;&lt;a href="https://www.ohalo.co/contact"&gt;Feel free&lt;/a&gt; to reach out&lt;/strong&gt; if you have any thoughts or requests.&lt;/p&gt;

</description>
      <category>discuss</category>
      <category>gen</category>
      <category>ai</category>
      <category>data</category>
    </item>
    <item>
      <title>Build Metadata to Streamline AI Implementation with your Own Data</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Fri, 16 Feb 2024 16:11:42 +0000</pubDate>
      <link>https://forem.com/teeyahs/build-metadata-to-streamline-ai-implementation-with-your-own-data-4m18</link>
      <guid>https://forem.com/teeyahs/build-metadata-to-streamline-ai-implementation-with-your-own-data-4m18</guid>
      <description>&lt;p&gt;Metadata has transcended its traditional role, becoming a cornerstone not just for enhanced search and querying of files but also for building the foundational training data for AI models.&lt;/p&gt;

&lt;p&gt;Prepare to reimagine your data landscape and wield AI mastery like never before, ensuring both security and compliance.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The Challenge: Navigating the Complexities of Multiple Documents and Metadata&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;In the intricate world of data, a primary challenge is managing numerous documents, each with its unique metadata. These documents, rich in information, often feature varied metadata, making management a complex task. Overcoming this challenge involves:&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;p&gt;&lt;strong&gt;Understanding your data:&lt;/strong&gt;&lt;br&gt;
Metadata provides valuable context about the documents, revealing the author, creation date, referenced entities, and personally identifiable information. This context helps in grasping the background, purpose, and key topics of the documents, going beyond what the data says to what it represents. Such understanding is crucial for building effective AI solutions that accurately interpret and categorize data.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;&lt;strong&gt;Building hierarchical classes of metadata per document typology:&lt;/strong&gt;&lt;br&gt;
Tailored metadata management is necessary as different document classes require distinct structures. Establishing hierarchical classes of metadata for each document type ensures precision and effectiveness.&lt;/p&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;For example, in legal contracts, the top-level category might be "Contract Type," with subcategories like "Non-Disclosure Agreement," "Partnership Contract," and "Sales Agreement." Within these subcategories, specific metadata fields could include "Parties Involved," "Contract Value," and "Legal Terms."&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;
&lt;strong&gt;Moving from Common to Document Type-Specific Metadata Structures:&lt;/strong&gt;
Transitioning from common to document type-specific metadata structures is a transformative journey. It involves recognizing the unique characteristics of each document class and customizing the metadata to reflect these nuances. Such an approach not only aids in organization but also enhances precise search and retrieval, knowledge management, automated workflows, and informed decision-making across various business aspects.&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;&lt;strong&gt;Data X-Ray: Bridging the Metadata Gap to Run Inference on your Own Data&lt;/strong&gt;&lt;br&gt;
In this complex terrain, Data X-Ray emerges as more than just a tool; it's a guide crafting the bedrock for training AI modeIs. Data X-Ray automates the discovery and classification of data using advanced technologies, enabling the creation of enriched metadata that provides vital insights into the content and context of documents. This process transforms unstructured data into structured repositories, priming it for AI model training.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Empowering Data Intelligence and Value&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Data X-Ray's capabilities extend to organizing documents and presenting metadata in a way that unlocks actionable data intelligence. Imagine the power of rediscovering forgotten files, and classifying them contextually from all data sources. With petabyte-scale discovery and classification, Data X-Ray pulls back metadata, classifies content using advanced AI processing, and builds a ready-to-use data repository for your training pipelines. This includes:&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;p&gt;File context,&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Regulatory compliance of data,&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;File entitlements and ownership leveraging enterprise Active Directory,&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Content analysis for optimal data relevance in your models.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Streamlining Data Discovery and Querying&lt;/p&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;Effortlessly querying ElasticSearch and retrieving full file contents, &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; takes a step further. It not only generates metadata but also stores full file contents in text form, easing the integration of text and metadata into your training pipelines.&lt;/p&gt;

&lt;p&gt;Leveraging advanced machine learning, NLP, and LLMs for data discovery and auto labelling, Data X-Ray simplifies the extraction process from a myriad of enterprise data sources – from File Shares to Cloud Storage. This automation spares organizations the hassle of constructing connectors, ensuring a smooth data integration process.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Enhancing Data Environment and Team Empowerment&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;The sophisticated management and uncovering of metadata by Data X-Ray bolster data sharing and productivity. It serves as the backbone for automating data discovery and metadata management, maximizing the value of extensive data collections.&lt;/p&gt;

&lt;p&gt;Ultimately, Data X-Ray is about empowering teams across the organization to harness the full potential of their data, from creation to consumption. Implementing auto-classification with LLMs, coupled with robust metadata management and AI implementation, paves the way for heightened efficiency, deeper insights, and enhanced decision-making prowess within your organization.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Steering the Future of Data with Generative AI and Data X-Ray&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;As we reach the culmination of our two-part journey into the transformative world of automated document classification and metadata mastery, it becomes abundantly clear that &lt;a href="https://www.ohalo.co/enterprise-generative-ai-governance"&gt;generative AI&lt;/a&gt; is reshaping our data-driven future. These advancements aren't merely enhancing our existing capabilities; they're pioneering new frontiers in data intelligence. Your once-daunting unstructured data has now become an opportunity-rich wellspring, waiting to be structured and harnessed.&lt;/p&gt;

&lt;p&gt;In this era of relentless digital evolution, securing and refining your data is not merely an option, but a necessity. Data X-Ray emerges as an indispensable ally in this mission, streamlining the transition from unstructured to structured, from chaotic to coherent. It’s the tool that empowers organizations to not only keep pace with generative AI advancements but to lead the charge.&lt;/p&gt;

&lt;p&gt;However, the journey doesn't conclude here. As generative AI continues to evolve, staying ahead means prioritizing governance and embracing solutions like Data X-Ray that offer clarity, compliance, and a competitive edge. We invite you to &lt;a href="https://www.ohalo.co/"&gt;join us&lt;/a&gt; in leading this charge.&lt;/p&gt;

</description>
      <category>ai</category>
      <category>data</category>
    </item>
    <item>
      <title>Embrace Coexistence in Data Management</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Wed, 07 Feb 2024 18:24:27 +0000</pubDate>
      <link>https://forem.com/teeyahs/embrace-coexistence-in-data-management-5gm1</link>
      <guid>https://forem.com/teeyahs/embrace-coexistence-in-data-management-5gm1</guid>
      <description>&lt;p&gt;In the ever-evolving world of data management, the race isn't always about replacing the old with the new. It's about harmony between the established and the emerging. As businesses navigate through an ocean of data, the challenge lies not just in managing its sheer volume or complexity, but in doing so without disrupting the rhythm of existing systems.&lt;/p&gt;

&lt;p&gt;In this blog, we're not talking about an overthrow of your current data management practices. Instead, we're delving into the art of seamless integration - how &lt;a href="https://www.ohalo.co/platform"&gt;our solution&lt;/a&gt; is designed to interlace with your existing framework, enhancing its capabilities and filling in the gaps, all while ensuring that the core of your data ecosystem remains undisturbed.&lt;/p&gt;

&lt;p&gt;Connect to Data Beyond Rows and Columns&lt;/p&gt;

&lt;p&gt;Having set the stage for the harmonious integration of new solutions with existing systems, it's crucial to narrow our focus to a specific yet expansive realm of data management - the unstructured data. This encompasses a wide array of file types, including email archives and messaging tools, which often form the bulk of enterprise data yet remain largely underutilized or improperly managed.&lt;/p&gt;

&lt;p&gt;Managing unstructured data can be simplified without the need to dismantle the systems you already trust.&lt;/p&gt;

&lt;p&gt;A Tool Which Brings Minimal Disruption to Existing Systems&lt;/p&gt;

&lt;p&gt;Our solution, &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; is engineered to integrate with current data ecosystems without causing significant disruption. This means it can integrate with a multitude of data stores and applications, both in the cloud and on-premises, comprehensively covering the data landscape of your enterprise.&lt;/p&gt;

&lt;p&gt;&lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; distinguishes itself with its user-friendly interface and ease of implementation. The platform can be swiftly deployed within hours, minimizing operational downtime. The quick and effective training provided by the &lt;a href="https://www.ohalo.co/"&gt;Ohalo Team&lt;/a&gt; ensures that users can quickly become proficient, streamlining the adoption process.&lt;/p&gt;

&lt;p&gt;Seamless Integration with IT Infrastructure:&lt;/p&gt;

&lt;p&gt;Data X-Ray offers native connectors to most major data sources right out of the box. This extensive range of connectors ensures that whatever your current system setup, Data X-Ray can integrate smoothly and efficiently.&lt;/p&gt;

&lt;p&gt;For those instances where a specific connector isn't currently available, Data X-Ray provides an API and Java SDK. These tools enable custom upstream and downstream integrations, offering the flexibility to tailor the solution to specific enterprise requirements.&lt;/p&gt;

&lt;p&gt;Responsive Integration Based on Client Demand:&lt;/p&gt;

&lt;p&gt;Understanding that every enterprise has unique needs, Data X-Ray's development prioritizes client demand. This responsiveness means new connectors can be developed and deployed swiftly, often within a matter of days. This agility ensures that as your data management needs evolve, Data X-Ray evolves with you.&lt;/p&gt;

&lt;p&gt;The integration capabilities of Data X-Ray are not just about plugging into existing systems. They represent a thoughtful, client-responsive approach, ensuring that the tool not only fits into your current data management landscape but also enhances and evolves with it. This level of integration speaks to a commitment to client-centric development and seamless adaptability.&lt;/p&gt;

&lt;p&gt;Enhance Your Data Management and Governance Strategy&lt;/p&gt;

&lt;p&gt;Automated Data Discovery&lt;/p&gt;

&lt;p&gt;Data X-Ray's &lt;a href="https://www.ohalo.co/discovery"&gt;unstructured data discovery&lt;/a&gt; feature is a powerhouse in identifying and illuminating unknown or ‘dark data’ data across multiple repositories. Imagine scanning extensive volumes of data spread across various platforms, uncovering insights in seconds.&lt;/p&gt;

&lt;p&gt;The precision, speed and scalability of Data X-Ray’s discovery feature substantially reduces the time and effort traditionally required to locate sensitive files under various compliance mandates like PII, CCPA, or GDPR. This efficiency in discovery is not merely about locating data but more about revealing data assets that might be at risk. By bringing these elements to the fore, Data X-Ray facilitates enhanced management and control, making the daunting task of handling unstructured data sprawl both manageable and efficient.&lt;/p&gt;

&lt;p&gt;To learn more click here: [&lt;a href="https://www.ohalo.co/discovery"&gt;https://www.ohalo.co/discovery&lt;/a&gt;]&lt;/p&gt;

</description>
      <category>discuss</category>
      <category>data</category>
      <category>datastructures</category>
    </item>
    <item>
      <title>Data Sharing for Financial Services</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Fri, 29 Dec 2023 04:26:54 +0000</pubDate>
      <link>https://forem.com/teeyahs/data-sharing-for-financial-services-25jg</link>
      <guid>https://forem.com/teeyahs/data-sharing-for-financial-services-25jg</guid>
      <description>&lt;p&gt;Today, every time a customer wants to access a new financial service, sometimes even within the same company, they need to physically produce the same set of documentation, and answer many of the same questions. Passport, driver’s license, proof of address, years living at the address, transaction history, proof of insurance, etc. In a world where more and more services are provided digitally reintroducing analogue steps that need to be executed by the customer make little sense.&lt;br&gt;
These requirements exist for good reason, but the net result is annoying and confusing while also leading to a high cost of service provision — $18 billion alone for anti-money laundering processes according to Goldman, and many $100s of billions more for data-centric financial analytics. Enabling a new kind of trusted identity data sharing is the key for banks to improve the customer experience while lowering costs and improving operational metrics.&lt;br&gt;
These processes have not caught up with the digital age for a couple of reasons. From a technical perspective, the problem is that,&lt;br&gt;
 (1) identity data is currently stored in multiple databases across financial institutions, &lt;br&gt;
(2) data does not translate easily across databases, and&lt;br&gt;
 (3) security and privacy concerns that manifest as regulations need to be addressed “somehow” in technical solutions.&lt;br&gt;
 From a non-technical, organizational perspective, it is also difficult and costly to create a bilateral legal framework for such a generalized problem as data sharing.&lt;br&gt;
Theoretically, within a single FI, the solution should be easy: create a central data warehouse, or, to suit today’s data structure and analytics, a data lake. The beauty of this solution is that it makes data the central focus, and means that any process applied to the data could update all of it at once, lowering the cost of reconciliations and other similar check/cross-check exercises that are carried out today. Think about how Wikipedia works. In the old world, encyclopedias were the end product of a single oracle (trusted publisher) that was pushed out to users. The data was in a static state that was the truth as determined by a process controlled by a single entity. Any subsequent enrichment by a downstream user was only accessible to their users. In the new world, we have Wikipedia, a product that is developed by many oracles. The data is in a constant state of flux and the truth is contributed to and enriched by many users. The result is an always up-to-date set of information for all users to access and utilize that is incredibly cheap to maintain vis-a-vis an old-school bound book.&lt;br&gt;
Although some banks have been somewhat successful at creating data lakes, it’s not a straightforward exercise. First, there is the execution problem of fixing the jet plane while it's in flight; the underlying data in each database keeps morphing in structure as new processes or requirements are bolted on. But second, and more importantly, the regulators want data separated and housed in locations where they can guarantee privacy &amp;amp; confidentiality for their citizens. This data separation problem is amplified across the financial ecosystem. Sharing between separate financial institutions requires competitive issues to be factored into regulatory ones.&lt;br&gt;
Blockchain seemed to be the technical breakthrough that would allow the replication of the architecture of data as the central focus across many separate firms. And with this architecture comes the potential for massive savings through the elimination of unnecessary processes. Imagining the cost savings across multiple financial institutions is exactly why Bankers have become so animated about Blockchain technology (and also why non-bankers get frustrated that Bankers don’t seem to understand what Blockchain is and its key differences with other types of Databases — Bankers don’t care about blockchain purism, they care about cost savings!). However, the existing manifestations of blockchain don’t quite work for many reasons that are discussed elsewhere in the media, such as privacy, scalability, and so on.&lt;br&gt;
Ohalo has approached this problem differently. We assumed that for the short- to medium-term the data needs to sit exactly where it is now due to privacy, regulation, or other reasons, in whatever existing format and structure it is currently held. If this is the case, but another entity wants to use that data, how can this other entity (whether internal or external) know who has the data, access it with the appropriate permissions (including the permission of the final end customer), and know if the source data changes over time? The solution is to leverage existing Permissioned Blockchains to centrally store hashes of either the data itself or combinations of the data, the data fields, and the formats that each entity uses to store the data.&lt;br&gt;
Storing hashes solves the privacy problem and avoids issues around ownership and scalability. On top of the chain sits Ohalo Apps (similar to the Microsoft concept of “Cryptlets”), which provide the on-chain/off-chain interface. If any of the hashes change, then the Permissioned Blockchain would update the relevant hashes and entities relying on that data can know immediately that they have something to do: either checking the new data, pausing their services, or some other action. The methodology that Ohalo developed works both across firms and obviously, in the simpler case of inside a single firm. The advantage of using something like this inside a single firm is that it solves the problem where regulation or other concerns require the data to be physically separate and/or private, while also providing the optionality to participate in a system across firms as needs and data regulations evolve.&lt;br&gt;
In addition to providing a method of sharing data from separate databases, the Ohalo ecosystem would also enable a new answer to consortia in the digital world. Through the use of contract Cryptlets (smart contracts), firms could bilaterally or multilaterally draw up agreements governing their data sharing that ensure the data is shared in the specified manner. These agreements could be valid for long or short periods of time and could be built on as agreements are reached with other corporations. In effect, consortia can be formed without everyone having to agree on everything in lockstep.&lt;/p&gt;

&lt;p&gt;Finally, &lt;a href="https://www.ohalo.co/"&gt;Ohalo&lt;/a&gt; enables a potential new revenue source for FIs. &lt;a href="https://www.ohalo.co/"&gt;Ohalo technology&lt;/a&gt; will provide banks the ability to store valuable data for their customers, and effectively provide (for a cost) that data to other entities that need it at the request of the end customer. This is a win-win-win situation: the customer wins because they get a better experience not having to waste time manually assembling and presenting data repeatedly; the bank profits because they have the potential to monetize a cost they have already incurred, and the data-receiving firm also profits by avoiding costs collecting and processing the relevant data.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;Author: Rhomaios Ram&lt;/li&gt;
&lt;/ul&gt;

</description>
      <category>financialservices</category>
      <category>datasharing</category>
    </item>
    <item>
      <title>Navigating the Future of Data Privacy and Security</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Tue, 26 Dec 2023 15:58:32 +0000</pubDate>
      <link>https://forem.com/teeyahs/navigating-the-future-of-data-privacy-and-security-4b8i</link>
      <guid>https://forem.com/teeyahs/navigating-the-future-of-data-privacy-and-security-4b8i</guid>
      <description>&lt;p&gt;Hi there! SafetyDetectives had the pleasure of engaging in a thought-provoking conversation with Kyle, from &lt;a href="https://www.ohalo.co/"&gt;Ohalo&lt;/a&gt;, a company making waves in the data privacy and security space. Our conversation touched upon the core of &lt;a href="https://www.ohalo.co/platform"&gt;Ohalo’s Data X-Ray&lt;/a&gt; product while also unraveling the intricate challenges and trends shaping the industry.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Thank you for taking the time to speak with me today, Kyle. Could you start by telling me about Ohalo?&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;We kicked off&lt;a href="https://www.ohalo.co/"&gt; Ohalo&lt;/a&gt; back in 2017 after identifying significant progress in NLP deployability in the enterprise as well as a need for enterprises to comply with new privacy regulations like GDPR and its progeny.&lt;/p&gt;

&lt;p&gt;These regulations essentially require enterprises to understand the type of data they have, who has access to that data, why they have the data, and how long they should retain the data. There’s also the need to understand, often at the word level within a document, why we have specific information. Doing this manually is simply not feasible, as it would require hundreds, if not thousands, of people solely dedicated to data compliance.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Can you tell me a little more about&lt;a href="https://www.ohalo.co/platform"&gt; Data X-Ray&lt;/a&gt;?&lt;/strong&gt;&lt;br&gt;
&lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; has four essential capabilities: file discovery, classification, activity monitoring, and remediation.&lt;/p&gt;

&lt;p&gt;Discovery: At its core, the &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; excels at understanding metadata—those vital breadcrumbs that illuminate a file’s journey. It uncovers file entitlements and access controls, revealing who holds the keys to sensitive information.&lt;br&gt;
Classification: Understanding the contents of files. Is there personal data in it? Is it PCI data? Is it sensitive for a corporate confidentiality reason? The &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; unveils it all.&lt;br&gt;
Monitoring: Observing data’s ever-changing landscape. Data X-Ray tracks transformations, records who’s downloading files, and even keeps tabs on the creation of global share links.&lt;br&gt;
Remediation: Finally, once you understand your data, you need to do something about it. Remediation allows you to redact, archive, and delete data at scale.&lt;br&gt;
When combined, these aspects provide an end-to-end solution for the data lifecycle within a company, helping them understand what the data means for the company at each point.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;How do data governance tools enable business users to actively participate in data governance processes?&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Imagine a scenario where an enterprise has data spread across various sources—Windows servers, S3 buckets, Salesforce, and more. Each of these sources might contain hundreds of millions of files.&lt;/p&gt;

&lt;p&gt;Now, think about your own experience with files on your computer. You open around 20 files a day, but do you recall what you opened this morning? The scale that enterprises operate at is beyond human capacity, which is why you need to rely on machines.&lt;/p&gt;

&lt;p&gt;This is where data governance tools step in. They wade through this sea of data, determining the most critical items that need human attention.&lt;/p&gt;

&lt;p&gt;For example, one of our clients, a large global bank, was divesting a subsidiary bank to another bank last year. The first phase involved examining approximately 19 million files of sensitive data, including anti-money laundering reports and regulatory correspondence. One big four consulting firm said it was impossible to complete this by the divestiture deadline because it involved reviewing 19 million files in just under two months.&lt;/p&gt;

&lt;p&gt;We took up the challenge and succeeded. We narrowed down the 19 million files to around 5,000 files that needed manual review, which were the most sensitive types, and sped regulatory approval for the divestiture. This is a successful example of how tools like ours can handle enormous scale and make it manageable for humans.&lt;/p&gt;

&lt;p&gt;We operate within the data source layer, constructing metadata about files. We not only ingest existing metadata but also create our own. This information feeds into our workflows, enabling actions like file redaction and, soon, archiving or encrypting files. Moreover, we collaborate seamlessly with other systems. This means metadata can be shared with data catalogs, data security tools, and SIEM systems for a comprehensive security strategy.&lt;/p&gt;

&lt;p&gt;The landscape of data privacy is evolving rapidly. A prominent trend has been the shift of response. Looking ahead, we anticipate innovation in data security. Managing data at scale is complex, and the rise of generative AI and large language models presents exciting possibilities. However, using these technologies safely is paramount. For example, if you’re training an LLM model on your corporate data, you wouldn’t want a junior business analyst to be able to query the LLM for the CEO’s emails. Building safety around that will be a significant data security trend in the coming years. As we navigate this new terrain, it’s clear that while AI and data-driven solutions are valuable, securing their implementation within enterprises is the next big challenge.&lt;/p&gt;

&lt;p&gt;As we peer ahead, it’s evident that the journey is far from over – new challenges and solutions will continue to shape this dynamic landscape, and &lt;a href="https://www.ohalo.co/"&gt;Ohalo&lt;/a&gt; is poised to be at the forefront of these transformative shifts.&lt;/p&gt;

</description>
      <category>data</category>
      <category>cybersecurity</category>
    </item>
    <item>
      <title>Reduce Data Storage Costs, Using Data X-Ray</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Tue, 26 Dec 2023 03:03:56 +0000</pubDate>
      <link>https://forem.com/teeyahs/reduce-data-storage-costs-using-data-x-ray-4g16</link>
      <guid>https://forem.com/teeyahs/reduce-data-storage-costs-using-data-x-ray-4g16</guid>
      <description>&lt;p&gt;The phenomenal growth of data shows no signs of slowing down, with the global data sphere expected to balloon to a mind-boggling 180 zettabytes by 2025. This surge poses a significant challenge for businesses, especially in comprehending and managing the unstructured data components saturating their digital landscape. It begs the question: how much of this data is truly necessary?&lt;/p&gt;

&lt;p&gt;The current economic climate pushes companies to cut costs and operate more frugally.&lt;/p&gt;

&lt;p&gt;For instance, a recent report revealed how a prominent e-commerce giant had to revise its annual budget due to the unforeseen surge in data storage expenses, leading to a significant downturn in their projected profits. Such instances highlight the critical impact of unmanaged data growth on businesses' bottom lines.&lt;/p&gt;

&lt;p&gt;As more companies shift away from traditional on-premise IT infrastructure, opting instead for cloud-based solutions. The benefits of scalability, accessibility, and improved security are undeniable. However, the financial ramifications are equally striking. A striking revelation is that many enterprises are shelling out millions of dollars, with some even crossing the hundred-million-dollar mark, just to store their massive data volumes in the cloud. Take, for example, the case of one of the world's leading banks, which reportedly spends a staggering $400 million annually on storing a mere 400 petabytes of data. That's a million dollars for every petabyte!&lt;/p&gt;

&lt;p&gt;When the cost of cloud storage is directly proportional to the volume of data stored, businesses face the critical task of minimizing their data repositories to include only what's necessary. This involves implementing strategies to weed out &lt;a href="https://www.ohalo.co/blog/streamlining-records-and-file-management-with-rot-analysis-for-enterprises"&gt;redundant, obsolete, or outdated data&lt;/a&gt;. By doing so, companies can significantly reduce their cloud expenditure and streamline their data management approach.&lt;/p&gt;

&lt;p&gt;Moreover, the repercussions of retaining superfluous data extend beyond just financial strain. The larger the volume of data, the larger the potential attack surface for security breaches. Minimizing stored data to what's essential not only reduces costs but also acts as a proactive security measure, lessening the risk of data breaches and leaks.&lt;/p&gt;

&lt;p&gt;Having a robust tool that offers complete visibility of their data universe enables businesses to make informed decisions about how to manage their data efficiently. It's all about discerning what's valuable and necessary and eliminating what isn't. Picture having a panoramic view of all your data sources, whether they're nestled on-premises, in the cloud, or within partner systems. This comprehensive visibility allows you to determine which assets need safeguarding, enabling swift implementation of file access monitoring, and which should be deleted or remediated. Locating forgotten or unknown files that may contain sensitive information becomes a breeze. With such a tool at your fingertips, you can meticulously organize and categorize every file, swiftly identifying and decluttering the unwanted data chaos.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The tool you rely on must be able to help you answer the following questions:&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;What portion of your data holds real business value?&lt;br&gt;
How much of your stored data is actively utilized?&lt;br&gt;
What percentage of your data has become redundant or obsolete?&lt;br&gt;
How much of your data is outdated and no longer relevant?&lt;br&gt;
What proportion of your data is needlessly duplicated?&lt;br&gt;
Which data can be archived to a more cost-effective storage option?&lt;/p&gt;

&lt;p&gt;Understanding the significance of these inquiries can lead to a more refined and economical approach to data management.&lt;br&gt;
Now, let's delve into the nitty-gritty of cloud storage costs for different providers:&lt;br&gt;
Amazon S3: $0.026 per GB/month&lt;br&gt;
Azure: $0.0208 per GB/month&lt;br&gt;
Google Cloud: $0.023 per GB/month&lt;br&gt;
These figures underscore the importance of mindful data management practices in reducing unnecessary expenditures.&lt;br&gt;
&lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt; can be your go-to solution for locating sensitive files that need safeguarding and reducing storage costs by identifying and eliminating data rot, data decay, and unwanted files that unnecessarily occupy space. By utilizing &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt;, you can manage your unstructured data and optimise resources, ensuring a streamlined and cost-effective operational framework. With &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray&lt;/a&gt;, managing your unstructured data becomes a feasible process.&lt;/p&gt;

&lt;p&gt;&lt;a href="https://www.ohalo.co/platform"&gt;&lt;strong&gt;How Data X-Ray Works:&lt;/strong&gt;&lt;/a&gt;&lt;br&gt;
The breadth of Integration: Seamlessly connects to hundreds of unstructured data sources, whether on-premises or in the cloud. You can also establish connections to legacy systems using the Java SDK.&lt;br&gt;
Easy Installation: &lt;a href="https://www.ohalo.co/platform"&gt;Data X-Ray's&lt;/a&gt; user-friendly tech setup allows you to get up and running in no time. Install the software and start scanning your data estate, gaining valuable insights within hours.&lt;br&gt;
Accurate Data Labeling: The auto-labeling and classification system, backed by cutting-edge ML classifiers, saves you significant time.&lt;br&gt;
Predefined Annotator Packs: Data X-Ray's predefined packs operationalize compliance with regulations such as GDPR and CCPA.&lt;/p&gt;

&lt;p&gt;To know more about how to Protect and Optimise your Data click here: [&lt;a href="https://www.ohalo.co/"&gt;https://www.ohalo.co/&lt;/a&gt;]&lt;/p&gt;

</description>
      <category>data</category>
      <category>datastructures</category>
    </item>
    <item>
      <title>Embracing the Rise of Generative AI: Opportunities and Challenges for Businesses</title>
      <dc:creator>teeyah s</dc:creator>
      <pubDate>Sun, 17 Dec 2023 17:39:48 +0000</pubDate>
      <link>https://forem.com/teeyahs/embracing-the-rise-of-generative-ai-opportunities-and-challenges-for-businesses-679</link>
      <guid>https://forem.com/teeyahs/embracing-the-rise-of-generative-ai-opportunities-and-challenges-for-businesses-679</guid>
      <description>&lt;p&gt;The digital landscape is rapidly evolving with the integration of Generative AI and Large Language Models (LLMs), offering businesses unparalleled opportunities for innovation. However, the journey of integrating large language models in business is not without its challenges. The surge in generative AI technology heralds a new era in pattern recognition, decision-making, and automation, yet it also raises pressing concerns about how to protect sensitive data in AI-driven environments.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Shifting the Focus from Speculation to Real Risks&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;As we discuss the ethical use of large language models in AI, it is crucial to shift the focus from speculative existential concerns to concrete and identifiable risks. These risks encompass data security risks with generative AI technology and the protection of sensitive data. Particularly in an AI-driven business environment, ensuring robust data security frameworks for large language model implementations becomes a critical priority to avoid financial and reputational harm.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Navigating the Tightening Regulatory Landscape&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;The regulatory landscape revolving around data security has phenomenally tightened in recent years with stringent measures and sanctions under General Data Protection Regulation(GDPR), Personally Identifiable Information (PII), and the California Consumer Privacy Act (CCPA). As a result, businesses must advance their data privacy compliance for AI integrations, moving towards the creation of trustworthy AI. This includes mitigating data breaches in generative AI operations and aligning with the ethical considerations of deploying AI technologies.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Beyond Data Security: Mitigating Bias and Human Oversight&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;The shift towards scaling generative AI with LLMs for enterprises, the journey from AI proof of concept to production deployment, brings additional challenges such as bias mitigation and maintaining human oversight. Protecting sensitive data is imperative. Still, implementing rigorous checks to ensure AI outputs are in line with factual accuracy and authoritative information is a non-negotiable necessity when considering the future of generative AI with large language models in industry.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;A Multipronged Approach to a Secure AI Integration:&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;Effective integration of generative AI into businesses entails a series of strategic measures:&lt;/p&gt;

&lt;ol&gt;
&lt;li&gt;&lt;p&gt;Classifying data based on sensitivity, limiting AI access to non-sensitive information.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Adhere to 'Need-to-know' and implementing 'Least Privilege' access to mitigate risks in generative AI operations.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Regular data security audits for generative AI systems and advanced encryption mechanisms.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Ensure compliance with relevant industry regulations.&lt;/p&gt;&lt;/li&gt;
&lt;li&gt;&lt;p&gt;Optimize the use of metadata to enhance system performance and decision-making processes.&lt;/p&gt;&lt;/li&gt;
&lt;/ol&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Prioritizing Immediate Risks on the Path Forward&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;The journey towards successful AI integration is not void of obstacles and demands vigilance, collaboration, and honesty in confronting these risks. While it's intriguing to ponder the generative AI LLMs' impact on business innovation, it's pivotal to prioritize and address the immediate, identifiable risks. With a collective, dedicated effort in securing proprietary data and harnessing the potential of generative AI, we can unlock a safer, more efficient AI-driven future.&lt;/p&gt;

&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;A Pragmatic Mission Forward with Ohalo&lt;/strong&gt;&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;&lt;a href="https://www.ohalo.co/enterprise-generative-ai-governance"&gt;Championing responsible and ethical AI integration.&lt;br&gt;
&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;As we converge on this crossroads of immense opportunity and undeniable risk, heralded by the rise of generative AI, a firm resolve to navigate this journey successfully is not merely preferable but essential. That's where we come into the picture.&lt;/p&gt;

&lt;p&gt;At &lt;a href="https://www.ohalo.co/"&gt;Ohalo&lt;/a&gt;, we are committed to enabling custom large language models for business solutions that are secure and ethical. Our focus is unwaveringly fixed on safeguarding users' and companies' sensitive information, ensuring that AI acts as a servant, not a master, a tool for progress, not a cause for concern. Our efforts are directed towards analyzing and mitigating risks while tapping into the advancements in generative AI technology for businesses.&lt;/p&gt;

&lt;p&gt;In the whirlwind of digital transformation, &lt;a href="https://www.ohalo.co/"&gt;Ohalo&lt;/a&gt; stands as a beacon, leading the way towards a safer and more efficient AI world. Join us on this transformative journey, where the business transformation with generative AI technology meets the gold standard for data security and ethical practices.&lt;/p&gt;

&lt;p&gt;To know more click here: &lt;a href="https://dev.toEmbracing%20the%20Rise%20of%20Generative%20AI:%20Opportunities%20and%20Challenges%20for%20Businesses"&gt;Embracing the Rise of Generative AI: Opportunities and Challenges for Businesses&lt;/a&gt;&lt;/p&gt;

</description>
      <category>ai</category>
    </item>
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