How secure is your financial data? It’s a growing concern for businesses as cybersecurity challenges become more complex. Phishing attacks, malware, and weak employee awareness are just some of the threats that companies face when protecting financial and customer data.
Remote work has added new risks to the equation. The transition to remote work means employees are more likely to lose their passwords or use weak encryption, making sensitive financial information vulnerable to hackers.
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Artificial intelligence (AI) is transforming the way businesses approach cybersecurity. AI can detect phishing attempts and remove malicious emails before they are even seen by employees, drastically reducing the risk of credential theft. It also continuously learns, allowing it to identify potential vulnerabilities in the system and provide real-time responses to cyber threats.
In addition, AI helps protect financial data through advanced encryption methods, keeping information safe during transmission and storage. Its predictive capabilities also fortify firewalls, ensuring businesses have the protection they need against evolving cyber threats.
Future-of-Financial-DataTo gain a deeper understanding of how AI is improving the ways financial data is stored and secured, please continue reading on to the infographic created by Donnelley Financial Solutions, a provider of virtual data room provider.
