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The Register

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Adversarial AI: The new frontier in financial cybersecurity

  • The financial services sector is embracing the use of AI, with 75% of companies already utilizing it and another 10% planning to adopt it in the next three years.
  • While AI offers opportunities like fraud detection and analytics, many financial institutions lack a complete understanding of the technology, leaving them vulnerable to adversarial attacks.
  • Adversarial AI attackers can manipulate AI algorithms to their advantage, posing a significant threat to the financial sector that traditional cybersecurity defenses may not fully address.
  • Regulators are working on understanding adversarial AI risks, and financial institutions must be prepared to adapt to new compliance requirements to safeguard against emerging threats.

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