Using Artificial Intelligence To Help Keep Your Financial Data Safe
There’s no doubt that today’s information technology has created a lot of opportunities for your business. Being able to store and share data so you can access it instantly has done a lot to streamline operations across multiple industries. However, there’s a dark side to all that accessibility, and it comes in the form of cybercrime. Criminals have many tools at their disposal to steal financial data and personal information, and the consequences can be catastrophic. Not only can hackers sneak in through gaps in your network protection, but they also can trick employees into giving up their passwords through phishing scams or installing ransomware.
Cybercrime is a multi-headed hydra of a threat, and it calls for a solution that is capable of being on-guard 24/7 and learns from every new incident. This is why it pays to incorporate artificial intelligence into your cybersecurity systems. With advanced machine learning algorithms that enable it to adjust to shifting threats, AI-enabled security measures offer better protection against the myriad dangers that exist outside your network.
For instance, attempts to access secure files behind your firewall can be monitored for signs of suspicious behavior. If the AI detects a request that comes from an unusual IP address or at a strange time, it can limit the access until an administrator can verify whether it is legitimate. In the case of phishing schemes, AI can spot fake emails and quarantine them before they ever reach an employee’s inbox. This ensures that there is little risk of an employee mistakenly clicking on something he or she shouldn’t.
Adding artificial intelligence to your cybersecurity system gives you the coverage you need to protect financial data even in the face of multiple risks. If you want to learn more about how AI can be a game-changer for your business’ protection, take a look at the accompanying resource.
Infographic created by
DFIN, an SEC reporting software
company
