In an increasingly digital landscape, the vulnerability of financial data to cybercrime poses a significant challenge. The infographic below delves into the multiple avenues through which financial data can be compromised, including phishing attacks, weak encryption, misconfigured systems, malware, and human errors. Counteracting these threats, the integration of Artificial Intelligence (AI) emerges as a great supplement to traditional security systems. By detecting phishing emails, enabling 24/7 threat response, predicting potential breaches, and enhancing overall security systems, AI-driven approaches significantly bolster data protection. If you are interested in learning even more, check out the resource below.
Infographic created by DFIN, an SEC reporting software company