AI is changing the way businesses operate across the world. But one of the sectors with arguably the greatest potential for AI-driven digital transformation is financial services. In fact, he’s already one of the most prolific users of this technology, representing almost a fifth of use of the market. But increased use of AI also opens the door to business risks. This expands the attack surface and exposes organizations to potentially significant financial and reputational damage. This is why any new initiative must adopt a security by design approach.
***This is a Security Bloggers Network syndicated blog from Comfort blog Written by Erfan Shadabi. Read the original post at: https://insights.comforte.com/cybersecurity-in-ai-powered-banking-challenges-and-solutions
