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AI hack threat forcing banks to review cyber controls
Risk Live: AI lowers barriers to entry for phishing, say firms; more common controls needed
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The adoption of artificial intelligence techniques by cyber criminals is forcing banks to rapidly reassess the key controls they rely on to repel attacks, according to senior cyber security experts – with some fearing current methods of training employees will be rendered ineffectual.
Banks typically rely on a suite of controls, such as privileged access management, endpoint detection and incident monitoring, alongside preventative measures such as staff training and penetration testing.
But rapid
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