ISMG Editors: DeepSeek'sAIDisruption and Security Risks- Bank Info Security
In this week's update, ISMG editors discussed two major stories shaking the tech and cybersecurity worlds - China's AI leap with DeepSeek, …
Banks, insurers, fraud detection and fintech.
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In this week's update, ISMG editors discussed two major stories shaking the tech and cybersecurity worlds - China's AI leap with DeepSeek, …
Microsoft News Mobiliar, Switzerland's oldest private insurance company, began modernizing its IT infrastructure and creating an agile software environment in …
A vast landscape of ever-increasingthreats, crowded with dangerous actors and considerable perils. A marketplace of traders selling a variety of…
The Economic Times The Economic Survey 2024 highlights the potential andrisksof integrating AI into the banking system, noting issues such as the black-box nature …
Iranian and Chinese threat actors are using Google'sartificial intelligenceapplication Gemini for vulnerability scanning and reconnaissance …
AI riskscan take on many forms, including behavioral risks, transparency risks, and security and data risks: Behavioral risks are related to the …
Sophistication of Phishing Attacks: Attackers will likely continue to leverage AI to craft increasingly sophisticated phishing campaigns that are …
Central Banking Breaking down AI risks, privacy and security received the highest average score of 3.6, ahead of reputational risks (3.2). Financial risk (2.9) and …
Agents can more capably interpret financial statements, offer personalised investment recommendations based on the user's portfolio andrisktolerance …
...risksand extended hours trading. FINRA also added additional information addressing Generativeartificial intelligence(AI). Third-Party Risk …
Regulation & PolicyGovernance & Risk ManagementMedia & Creative WorkBanking & Finance
American Bankers Association New York State issues guidance onAI-related cybersecurityrisksto financial institutions. A new survey by Webster Bank found that roughly half of …
S&P Global...artificial intelligence(AI), and climateriskscan create opportunities for credit markets. The discussion at Davos was focused firmly on the …
According to Jeffrey Wu, a managing partner in DOL Cybersecurity LLC,AI is making cybercrime more effective, increasingrisksfor businesses and …
The financial implications of this transition are substantial, with technology leaders evaluating both the potential returns andrisksof deploying …
Yahoo Finance...AISecurity Risks: 'There's Substantial Evidence'. OpenAI announced it has uncovered evidence that Chineseartificial intelligencestartup DeepSeek …
A House task force report examines AI'simpact on financial services, highlightingrisks, regulatory concerns, and best practices for financial …
The qualitative parallels between Monday'sartificial intelligencebust and the one that hit wildly free-spending telecommunications firms some 25 …
Data Guidance...AIEra.' The guidance addresses the cybersecuritythreatsposed byAI-generated media, such as impersonation and fraudulent communications, by …
CybersecurityGovernment & Public SectorMedia & Creative WorkBanking & Finance
Insurance Business America Withartificial intelligence(AI) quickly permeating every facet of business and society, is it time for specialized insurance coverage for …
Auto Finance News The Bipartisan House Task Force on Artificial Intelligencereleased a report outlining 66 key findings to guide AI innovation and governance …
The constantly evolving landscape of third-partyrisksthat are seen by Finra staff have been highlighted in its 2025 Regulatory Oversight Report …
CybersecurityBanking & FinanceRegulation & PolicyGovernance & Risk Management
Who is behind DeepSeek? DeepSeek grew out of a hedge fund co-founded by Liang Wenfeng that uses AI to find profitable trades in financial markets …
Yahoo News DeepSeek is backed by High-Flyer Capital Management, a Chinese quantitative hedge fund that uses AI to inform its trading decisions. AI enthusiast …
Manufacturing & RoboticsChina & GeopoliticsBanking & Finance
BoC rate decision: Economicrisksto consider. 08:51 · January 29, 2025 at 10:41AM EST. Video. What the Bank of Canada got right in its rate decision …
BoC rate decision: Economicrisksto consider. January 29, 2025 at 10:41AM EST. Video · What the Bank of Canada got right in its rate decision …
PYMNTS.com Central banks must balance innovation andriskmitigation when looking to adopt AI, a Bank for International Settlements (BIS) report said …
American Bankers Association The report provides guidance on how central banks can identify and manageriskassociated with the adoption of AI …
The potentialrisksare wide-ranging and include those around data security and confidentiality,risksinherent to AI models (eg "hallucinations") and …
Governance & Risk ManagementBanking & FinanceHallucinations & Fabrication
Insurance Business America Withartificial intelligence(AI) quickly permeating every facet ...AI, and the need for new insurance products to cover thoserisks. Budd …
Some 25 years ago, investors realized that new technologies destroyed the case for wild telecom spending, crushing hopes of profit …
Hallucinations & FabricationBanking & FinanceMarkets & Investment