Remove Artificial Intelligence Remove Financial Services Remove Risk Remove Technology
article thumbnail

LRQA Nettitude’s Approach to Artificial Intelligence

LRQA Nettitude Labs

The exploding popularity of AI and its proliferation within the media has led to a rush to integrate this incredibly powerful technology into all sorts of different applications. Just recently, the UK government has been setting out its strategic vision to make the UK at the forefront of AI technology.

article thumbnail

US Treasury Warns of Cybersecurity Risks AI Poses to Financial Sector

SecureWorld News

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The Treasury Department recognizes the importance of proactively addressing these risks. With advancements come new risks.

Risk 78
Insiders

Sign Up for our Newsletter

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

article thumbnail

Cyber-Liability Insurance 101: First Party Vs. Third Party Risks

Joseph Steinberg

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks. First-Party Risks And Coverage. Third-Party Risks And Coverage.

Insurance 141
article thumbnail

Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

3️ Weaponization of Artificial Intelligence (AI) Will Skyrocket Anticipate a surge in the cultivation of weaponized AI by malicious actors across various domains, including disinformation apparatus. This strategy goes beyond just deploying the latest technologies to combat AI and mobile threats.

article thumbnail

What is AI Governance? Principles, Types, and Benefits Explained

Centraleyes

Jane is developing an AI algorithm for a financial service company. Maria is a data scientist working for a healthcare technology company. This approach has the potential to significantly improve patient care by identifying high-risk individuals and optimizing treatment plans. Governance mitigates these risks.

article thumbnail

Defining Good: A Strategic Approach to API Risk Reduction

Security Boulevard

How do we gauge how risky it is and how do we ensure that future APIs are not putting the enterprise at risk? Unfortunately, the security challenges associated with APIs can't be solved by simply updating existing testing tools and edge security defenses to check-the-box technologies that claim to provide "API security."

Risk 57
article thumbnail

State And Local Government Cyber In-Security Endangers America: Let’s Finally Deal With It

Joseph Steinberg

It is not a secret that the American people remain in danger of massive, crippling cyberattacks that could impact financial services, utilities, health care, and just about every other area of modern life.