113 have a proper data classification process to better protect what should be protected .”

The inter-connectivity of cloud-based data analytics , AI or machine learning can present its own issues with regard to cybersecurity . As threats become more credible as technology evolves , companies must be able to protect the information they hold . Speaking on the importance of cybersecurity , Fayolle says : “ We can never forget that information in the wrong hands can be extremely harmful . Securing the data and making sure we know who can access it and for what purpose is absolutely imperative . As James Snook once said , if you think you haven ’ t been attacked yet , it ’ s because you aren ’ t looking hard enough .”

www

. fintechmagazine . com