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IBM study finds Singaporeans are victims of financial fraud at a higher rate than most countries by Share on WhatsApp IBM also announces IBM z16, the next-generation system, bringing industry-first real-time AI to transaction processing at scale to help prevent fraud in real-time, a challenge that costs Singaporeans an average of S$1,648 in the past 12 months due to fraudulent financial charges IBM z16 is the industry’s first quantum-safe system. Building on IBM’s history of security leadership, IBM z16 also is specifically designed to help protect against near-future threats that might be used to crack today’s encryption technologies. SINGAPORE ,...