AI AND MAINTAINING SECURITY
KPMG Cyber Security Challenge 2019
advanced methods to manipulate security weaknesses and traditional security and protection mechanisms may not be sufficient to deal with AI and advanced technology-enabled attacks .”
To combat this , it predicts , financial institutions will likely embed cybersecurity into their broader digital strategy and invest in it on a greater level to the point where it becomes a central part of every digital adoption throughout the sector .
AI AND MAINTAINING SECURITY
AI is having a significant impact on the financial services sector . According to Deloitte ’ s How Artificial Intelligence is Transforming the Financial Ecosystem report , for example , AI and the advances that it brings will reshape every building block of success in financial services . It states : “ Technology will make operations efficient enough that asset size will no longer be sufficient to sustain cost advantages . Meanwhile , revenue will not come from standardisation but from the highly customised products and personalised interactions that AI makes possible .” It is also recognised that exclusive relationships with
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KPMG Cyber Security Challenge 2019
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