Technology is coming to help to quicken the clearance process while providing a much more extensive background check at the same time. Federal agencies, the US National Background Investigations Bureau among them, increasingly adopt artificial intelligence (AI), OSINT tools and machine-learning capabilities as primary and secondary means of background screening, finds the recent market report U.S. Government Background Check Market Forecast.
Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company™, today announced that is has experienced high demand and adoption of its solutions within the global banking market over the past year, with more than 100 leading banks transitioning to its technologies. Investment in Verint’s branch surveillance and investigative solutions was driven by organizational requirements for innovative platforms to reduce fraud, and strengthen the security of valuable data and assets.
The banking industry is constantly evolving, and security professionals are faced with challenges that include protecting people and assets from threats, crime and fraud across the enterprise, as well as the responsibility of meeting financial objectives. Risks abound from cyber and physical orientation points, and can be isolated or in association with organized crime. Robberies, ATM skimming, check and credit card fraud, and identity theft have become commonplace with new schemes invented by sophisticated criminals. As a leading provider of solutions to the financial industry, Verint delivers the technologies, expertise and strategies to help its customers anticipate, analyze and effectively take action to counter these challenges.
What Banks Have to Say About Partnering with Verint to Advance Security, Mitigate Fraud and Enhance Customer Engagement
According to one financial institution, “With more than 100 branches to manage and secure, it’s critical for us to leverage proactive, intelligent security tools to analyze and achieve the video coverage necessary to reduce fraud and enhance the customer experience. By working with Verint, we have found a strong partner that helps us achieve our operational goals through comprehensive service, support and innovation.”
Another bank shares that, “Verint is a true collaborator in every sense. It provides the breadth of solutions that have allowed us to standardize our video surveillance infrastructure across 250 branches. Verint also has the banking expertise to help us maximize ROI as our security and business needs evolve. We have great confidence in its technology innovations and services.”
“We chose Verint based on its extensive knowledge in the banking market and its impressive technology portfolio that enables us to bridge the worlds of security and customer engagement. Verint’s reliable and intuitive solutions are a key component of our fraud-reduction efforts, providing us the intelligence necessary to reduce risk across our branch network,” notes this Verint financial customer.
As a leading global provider of security, fraud and compliance solutions, Verint is dedicated to working closely with its customers and partners. During the Verint Engage™ Global Customer Conference, May 14-17 in Dallas, customers will gain insight into advanced security management solutions, a host of customer engagement technologies, and best practices while networking with industry peers.
To learn more about Verint’s robust portfolio for the financial services sector, visit Booth 28057 at ISC West in Las Vegas, April 11-13, 2018—and to register to attend the Verint Engage Global Customer Conference next month, click here.
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.
Jerry Chun Shing Lee, aka Zhen Cheng Li, 53, a former Central Intelligence Agency (CIA) officer, was arrested last night on charges of unlawful retention of national defense information.
Dana J. Boente, Acting Assistant Attorney General for National Security and U.S. Attorney for the Eastern District of Virginia, and Andrew W. Vale, Assistant Director in Charge of the FBI’s Washington Field Office, made the announcement.
Lee was arrested after arriving at John F. Kennedy International Airport in Queens, New York. Lee is a naturalized U.S. citizen, currently residing in Hong Kong, China. According to court documents, Lee began working for the CIA as a case officer in 1994, maintained a Top Secret clearance and signed numerous non-disclosure agreements during his tenure at CIA.
According to court documents, in August 2012, Lee and his family left Hong Kong to return to the United States to live in northern Virginia. While traveling back to the United States, Lee and his family had hotel stays in Hawaii and Virginia. During each of the hotel stays, FBI agents conducted court-authorized searches of Lee’s room and luggage, and found that Lee was in unauthorized possession of materials relating to the national defense. Specifically, agents found two small books containing handwritten notes that contained classified information, including but not limited to, true names and phone numbers of assets and covert CIA employees, operational notes from asset meetings, operational meeting locations and locations of covert facilities.
Lee made his initial appearance this afternoon in the Eastern District of New York. He is charged with unlawful retention of national defense information and faces a maximum penalty of 10 years in prison, if convicted. The maximum statutory sentence is prescribed by Congress and is provided here for informational purposes. If convicted of any offense, the sentencing of the defendant will be determined by the court after considering the advisory Sentencing Guidelines and other statutory factors. A criminal complaint contains allegations that a defendant has committed a crime. Every defendant is presumed to be innocent until and unless proven guilty in court.
Assistant U.S. Attorney Neil Hammerstrom of the Eastern District of Virginia and Deputy Chief Elizabeth Cannon of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case.
Open source intelligence (OSINT) and emerging technologies, including artificial intelligence and distributed ledgers, such as blockchain, hold vast potential to transform public services held back by bureaucracy and outdated IT systems. The collaborative workshop OSINT 2017 opens the doors to bold, fresh ideas for government accountability, transparency and citizen participation by working with businesses, civil society groups and others to shape goals for emerging technologies and open data in public services. At this upcoming collaborative workshop, Emerging Technology and Open Source Intelligence for a More Open Government, we invite participants to craft potential goals to be integrated into innovative products and services.
The workshop will be hosted at the citizenM London Bankside hotel on December 2017 by Market Research Media. It will tap into private and public sector expertise to foster innovation in public service designed by and for citizens.
Participants in this workshop, including market intelligence managers and researchers, are directed to draft proposals that specifically use artificial intelligence, blockchain and/or open source data to advance government transparency, accountability, participation, and/or technological innovation. These workshop is also designed to bridge the gap between public data sources and business analysts in using artificial intelligence, blockchain, virtual and augmented reality and social technologies for data analysis.
In military jargon OSINT stands for Open Source Intelligence. The OSINT concept migrated from military to civilian domain, broadly defined as the application of intelligence tradecraft to open sources of information, specifically involving the collection, processing (to include foreign language translation), and exploitation/analysis of multiple, independent open sources of information. OSINT sources include commercial scientific and technical databases, symposium proceedings, published strategy and doctrine, think tank publications, patent information, and other open sources available to the general public. A variety of exploitation techniques are practiced, including social network analysis.
The Government Web and Social Media workshop is the networking and educational forum for social media professionals both in government and private sector. Hear from your peers and industry thought leaders on the latest trends and tools for monitoring social media and application of OSINT (Open Source Intelligence) and SOCMINT (Social Media Intelligence) techniques, learn practical strategies for improving your online strategies, see innovative projects happening throughout government, and connect with international mix of experts.
Who should attend
Government employees and contractors who use online tools and social media to meet their agency mission, including: agency web and new media directors, CIO/IT staff, program managers, public affairs personnel, web content writers and editors, usability specialists, designers, customer service advocates, and anyone else interested in and involved with government web and social media efforts.
The Social Media Monitoring workshop focuses on application of OSINT (Open Source Intelligence) techniques for social media monitoring for the purposes of competitive intelligence, marketing and brand sentiment analysis. The branch of OSINT, known as Social Media Intelligence (SMI), refers to the collectives tools and solutions that allow organizations to monitor social channels and conversations, respond to social signals and synthesize social data points into meaningful trends and analysis based on the user’s needs. SMI tools enable intelligence gathering from social media sites, using both intrusive or non-intrusive means, from open and closed social networks.
Workshop participants will learn OSINT methods and data mining software tools and how to use them to navigate unruly and fast changing landscape of social media. A survey, conducted by a team of market research analysts, found that 37 percent of marketing managers are unfamiliar with systematic approach to monitoring, analyzing and using social media while understanding growing importance of social media channels. Only 15 percent of marketing managers and PR professionals effectively monitor Social Media Intelligence and only 6 percent are familiar with media monitoring and analysis tools.
This workshop will equip PR professionals and marketing managers with the hands-on skills and best practices and best-of-breed tools to monitor social media and run efficient OSINT operation.
Who should attend
Social media professionals
Market research analysts
Business development managers
Competitive intelligence managers
Context Brokering Market
Data Warehouse Acceleration Market
Data Warehouse Market
Cybersecurity Deception Market
U.S. Federal Cybersecurity Market
Quantum Computing Market
U.S. Federal Government Mass Media Market
U.S. Federal Government Mobility Market
Virtual Conference & Trade Show Market
Workshop participants will be required to research, write and submit a case study on their topic of interest to demonstrate knowledge, use of social media monitoring and OSINT tools and skills acquired at the workshop.