Cybercrime can happen at any time. It’s a 24/7 365-day process. Hackers are always trying to scheme ways to break into your systems and get away with sensitive personal information. This can include malware, weak encryption, or simply tricking people to share their passwords.
Fortunately, there are several ways to combat financial data threats. Using traditional cybersecurity systems along with AI can help provide the protection you need to protect your business and your customers.
How AI Enhances Your Security
Artificial intelligence uses predictive analytics to adapt and learn from experience. Predictive analytics also takes into account a large amount of current and historical data to help predict future outcomes. For example, AI can identify weaknesses in a cybersecurity system such as issues with authentication. With AI keeping watch over your network, advanced algorithms can catch and flag these issues before a criminal decides to take advantage.
AI’s ability to identify patterns and abnormalities also proves useful for predicting possible threats to the firewall. If an attempt is made AI can limit access and determine if it is legitimate. Even if there isn’t anything unusual going on, AI is always looking to improve efficiency and weaknesses within your system. Safeguarding your most valuable data requires security solutions that run 24/7 and respond immediately. Take a look at the accompanying guide below to learn more about common cybersecurity threats and how AI can help keep your financial data safe.