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Protecting financial institutions in the era of AI-driven threats
As open-source AI tools become more accessible, ransomware attacks are growing increasingly sophisticated. Scammers are now using AI in targeted spear phishing attacks, where highly personalized information is used to gain access to medical or financial information. Financial service organizations are particularly at risk when it comes to these kinds of attacks — not only do they hold and exchange large sums of money, they also store and process highly sensitive information of their customers. …
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