Remove Artificial Intelligence Remove Cybersecurity Remove Reference
article thumbnail

3 Ways AI Has Led to Horrifying Cybersecurity Threats

Smart Data Collective

One of the biggest examples of problems caused by AI is the growing threat of cybersecurity threats. As these threats worsen, organizations and the cybersecurity experts they depend on will need to be aware of the threats AI poses in the hands of hackers and find ways to use AI to fortify their own defenses in turn.

article thumbnail

Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Artificial intelligence (AI) is all the rage now. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 What is artificial intelligence? How do fintech companies apply artificial intelligence? Cybersecurity. billion in 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading Trends of Fintech Development Services in 2022

Smart Data Collective

Business automation and artificial intelligence. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. By far, the most global fintech trend for 2022 is cybersecurity. Thus, the financial services industry needs more skilled cybersecurity professionals.

article thumbnail

What Are State-Sponsored Cyber Attacks and Do They Use AI?

Smart Data Collective

Artificial intelligence has played a very important role in modern cyber attacks. AI Makes Hackers More Worthy Adversaries to Cybersecurity Professionals. Another way to refer to hackers, perhaps more correctly and appropriately, is to refer to them as cybercriminals. Real Examples of APT Attacks that Rely on AI.

article thumbnail

How Money Laundering Concerns Require New AI Monitoring Solutions

Smart Data Collective

Artificial intelligence has created a number of amazing opportunities for the financial sector. We have talked about the benefits of using big data and AI to improve cybersecurity. Transaction monitoring refers to the process of monitoring all incoming and outgoing transactions with machine learning algorithms.

article thumbnail

A Guide to Using XDR Threat Protection to Stop Data Breaches

Smart Data Collective

In this article, we will discuss the benefits of investing in XDR threat protection and why it is an essential component of any organization’s cybersecurity strategy. The term “Extended” in XDR refers to the broad range of data sources that the solution analyzes, including endpoints, networks, and cloud environments.

article thumbnail

Digital Transformation: How To Protect Your Organization From Cyber Risk

Smart Data Collective

Cybersecurity is essential for any organization looking to stay competitive in today’s digital world. Cyber risk refers to any potential threats that could compromise an organization’s digital products, from malicious actors or hackers to data breaches and phishing scams. However, the average data breach cost is staggering— $3.86