AI abuse and misinformation campaigns threaten financial institutions

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Though generative AI offers financial firms remarkable business and cybersecurity utility, cyberthreats relating to GenAI in financial services are a consistent concern, according to FS-ISAC. Cybercriminals exploit AI for data exfiltration The cybersecurity community’s current consensus is that adversarial usage primarily relates to the creation of convincing phishing lures at scale. That said, threat actors can use generative AI to write malware and more skilled cybercriminals could exfiltrate information from or inject contaminated data into … More

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