cyberattacks

Artificial Intelligence and Risk Management

Artificial Intelligence and Risk Management

The cyber era heralded unparalleled opportunities for the advancement of science, technology and communication, and unleashed a range of new attack vectors for rogue elements, criminals and virtual terrorists. The era of machine learning is doing much the same, for the promise of advancement has gone hand in hand with a range of new perils and an expanded set of actors capable of carrying out attacks using artificial intelligence (AI) and machine learning systems. This flows naturally from the efficiency, scalability and ease of diffusion of AI systems, which can increase the number of actors who can carry out attacks against civilian, business and military targets.

The growing impact of artificial intelligence on financial institutions

The growing impact of artificial intelligence on financial institutions

Artificial intelligence (AI) is increasingly becoming more important as financial institutions adapt the technology in order to digitise, and keep up with competition; however digital transformation is seldom an easy task especially when proper measures are not taken to safeguard against the threat of cyber criminals