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artificial intelligence

artificial intelligence
AI is transforming financial crime compliance

While 86% of compliance, operations, risk and IT professionals at banks and non-banking financial institutions (NBFIs) surveyed said they would increase spending on AI and ML …

cybersecurity staff shortages
Cybersecurity workforce shortages: 67% report people deficits

The global cybersecurity workforce has reached 5.5 million people, an 8.7% increase from 2022, representing 440,000 new jobs, according to ISC2. While this is the highest …

Public exposure of data breaches is becoming inevitable

Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of …

Troy Hawes
A closer look at healthcare’s battle with AI-driven attacks

With its wealth of sensitive patient data, the healthcare industry has become a prime target for cybercriminals leveraging AI tools. As these threats continue to evolve, …

White House AI
White House issues Executive Order for safe, secure, and trustworthy AI

President Biden issued a landmark Executive Order to ensure that America leads the way in seizing the promise and managing the risks of artificial intelligence (AI). New …

Google expands bug bounty program to cover AI-related threats

Google has expanded its bug bounty program, aka Vulnerability Rewards Program (VRP), to cover threats that could arise from Google’s generative AI systems. …

security awareness
Finding the right approach to security awareness

As artificial intelligence amplifies the sophistication and reach of phishing, vishing, and smishing attacks, understanding and managing human cyber risks has become …

Guy Guzner
AI threat landscape: Model theft and inference attacks emerge as top concerns

Generative AI has emerged as a powerful tool, heralded for its potential but also scrutinized for its implications. Enterprises will invest nearly $16 billion worldwide on …

cyber threat
SMBs at risk as AI misconceptions lead to overconfidence

Despite advancements in IT security measures, SMBs remain firmly in the crosshairs of cybercriminals, according to Devolutions. Ransomware payments and IoT malware incidents …

fraud detection
AI strengthens banking’s defense against fraud

Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, …

AI-related security fears drive 2024 IT spending

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While …

Humans are still better than AI at crafting phishing emails, but for how long?

Humans are still better at crafting phishing emails compared to AI, but not by far and likely not for long, according to research conducted by IBM X-Force Red. Creating …

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