Prøve GULL - Gratis

The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer

Banking Frontiers

|

October 2024

In an increasingly interconnected world, safeguarding our digital assets has become paramount. Enter the dynamic duo: Cyber security and Artificial Intelligence (AI).

- Vinod Shah

The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer

AI has the potential to revolutionize the way organizations approach cybersecurity by automating and optimizing various security tasks.

8 Benefits of AI in Cybersecurity:

1. Threat Detection & Prediction:

Machine learning algorithms go through reams of network traffic at real speed to pick out any anomaly that might indicate a breach. These systems learn from historical data, adapt to new attack vectors and predict future threats.

2. Behavioral Analysis: AI monitors user behavior, establishing a baseline of typical activity and promptly alerting if it detects any deviation.

3. Automatic Incident Triage: AI acts as the first line of defence in quickly determining the severity and urgency of incidents so incident response teams can focus their time and energy on the most dangerous threats.

4. AI-driven Forensics: Upon the occurrence of a cyber-incident, AI does the work of gathering evidence and outlining attack patterns. It helps organizations learn from past incidents and make necessary improvements in their response strategies.

5. Phishing prevention: AI reads through emails upon receipt; it distinguishes sophisticated phishing efforts and stops them in their tracks.

6. Insider Threats Detection: AI identifies the potential insider threat beyond data breaching much before it gets converted into an insider threat.

FLERE HISTORIER FRA Banking Frontiers

Banking Frontiers

Enhanced use of AI ensures optimal growth for banks

A recent Accenture study underlines the need for enterprises to go beyond the implementation of Al-based chatbots and make AI a part of their strategic bets:

time to read

4 mins

September 2025

Banking Frontiers

Banking Frontiers

State Bank of India for New Branch Channel

For the Finnoviti 2025 Awards, State Bank of India filed a nomination for its largest CBS transformation program.

time to read

1 mins

September 2025

Banking Frontiers

Banking Frontiers

It's imperative for banks to use PETS

A recent report by a global consultancy strongly recommends that Indian banks should make use of PETs, or Privacy-Enhancing Technologies:

time to read

3 mins

September 2025

Banking Frontiers

Banking Frontiers

Aaya hoon toh kuch leke jaunga

Two things unlearned in 2024: Unlearning can be one of the most challenging aspects of life because what we've learned often stays with us. (i) However, one of the most important things I've unlearned is taking my health for granted. After facing significant health challenges, I've made a conscious effort to prioritize my well-being and gradually detoxify my lifestyle. (ii) Another key realization for me has been that there’s no age limit to learning. When I took on the role of CEO at ITI Mutual Fund, I had to step into a new world filled with fresh responsibilities and learning opportunities. As the saying goes, 'with great power comes great responsibility,' and I believe that to lead effectively, one must be committed to continuous learning and personal growth.

time to read

5 mins

September 2025

Banking Frontiers

Banking Frontiers

Bank of Baroda for use of IT to accelerate Competence, Commitment & Culture

For the Finnoviti 2025 Awards, Bank of Baroda filed a nomination for use of IT to accelerate HR objectives.

time to read

1 mins

September 2025

Banking Frontiers

Airtel Payments Bank for Face Match

For the Finnoviti 2025 Awards, Airtel Payments Bank filed a nomination for AI/ML based face match for proactive fraud prevention.

time to read

1 mins

September 2025

Banking Frontiers

Banking Frontiers

Canara Bank for Junior Savings Account

For the Finnoviti 2025 Awards, Canara Bank filed a nomination for its youth oriented junior savings account.

time to read

2 mins

September 2025

Banking Frontiers

Banking Frontiers

HDFC Bank for Vigil Aunty Concept and Camapign

For the Finnoviti 2025 Awards, HDFC Bank filed a nomination for cyber fraud awareness & secure banking education.

time to read

2 mins

September 2025

Banking Frontiers

Banking Frontiers

CMO's Festive Playbook: Schemes, Campaigns & AI

The annual festive season opens new doors for banks. MVS Murthy, Chief Marketing Officer at Federal Bank and Sujit Shakya, Sr. Dy. CEO at Nabil Bank, reveal their playbook for the 2025 festive season:

time to read

4 mins

September 2025

Banking Frontiers

Banking Frontiers

State Bank of India for MPLADS e-Sakshi App

For the Finnoviti 2025 Awards, State Bank of India filed a nomination for its MPLADS e-Sakshi App.

time to read

1 min

September 2025

Listen

Translate

Share

-
+

Change font size