Protecting financial data is of utmost importance in today’s digital age, as cybercrime continues to grow as a serious threat to businesses. This infographic below explores the various ways in which financial data can become compromised, including phishing, weak encryption, misconfigured systems, and malware attacks. To combat these threats, artificial intelligence (AI) offers a powerful solution by supplementing traditional cybersecurity measures. AI-focused security can identify and respond to potential phishing emails, run 24/7 to respond to threats immediately, and predict possible firewall breaches. Additionally, AI can enhance reliability and efficiency, maintain data encryption during analysis, and identify weaknesses in cybersecurity systems.
Implementing these AI-powered measures, along with encouraging employees to follow best practices like using encrypted VPNs and maintaining strong passwords, can significantly strengthen financial data protection. Check out the infographic below to learn more.
Infographic created by DFIN, an SEC reporting software company
