Using Artificial Intelligence To Help Keep Your Financial Data Safe
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By now it should be clear to all businesses how important it is to protect sensitive data. Even a relatively small breach can have catastrophic effects on your company no matter how large or small it may be. The urgency of this risk is made even more severe by the sheer number of threats you face. Cybercriminals have so many tools at their disposal, from using sophisticated hacking software to breaking through your firewalls to more old-fashioned techniques such as duping employees into giving up their login credentials.

These times call for an advanced cybersecurity solution, and artificial intelligence is proving itself to be up to the task. Whereas older solutions for securing data were reactive and focused more on shutting unauthorized users out of the system, AI-enhanced applications are much more proactive. This is due to their ability to learn from each encounter instead of following the same protocols no matter the circumstances.

With the machine-learning capabilities these systems provide, for example, suspicious activity can be identified and mitigated before any unwanted access occurs. This includes being able to spot a user attempting to access private information and limiting that person’s ability to go any further until the request is reviewed. It also can catch phishing emails and prevent them from being delivered to employees’ mailboxes, making it impossible for users to unwittingly click on any links or attachments they may contain. Perhaps most important, AI-enabled cybersecurity runs 24/7 without taking a break, always learning and adding to its knowledge as it encounters new threats.

AI and machine learning are becoming vital information security as technology can instantly analyze millions of data sets while tracking down myriad types of cyber threats ranging from malware menaces to shady behaviors resulting in phishing attacks.

Given how precious your enterprise’s financial information is, does it really make sense not to use every available resource to protect it? If your business isn’t using artificial intelligence to keep it secure, it may be only a matter of time before you regret it. For more details about using AI to keep your data safe, take a look at the accompanying resource.

Infographic created by Donnelley Financial Solutions, an SEC filing software company

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