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Financial sector: cyber threats 2024
Kaspersky_news

This year, cyberattacks in the financial industry will increase due to the use of AI and increasing automation, cybersecurity experts say. They predict attacks on direct pay systems and one-day exploits. In 2024, Kaspersky experts expect an increase in AI-controlled cyberattacks that imitate legitimate communication channels, which could lead to an increase in low-quality cyber campaigns. They also predict that cybercriminals will increasingly use the popularity of direct pay systems for their own purposes. This will lead to more Clipboard malware; Mobile banking Trojans continue to be exploited more frequently. In addition, Kaspersky experts expect an increase in backdoored packages...

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Financial industry 2024 – six trends for the use of AI
Financial industry 2024 - six trends for the use of AI

By 2026, more than 100 million people will come into contact with AI. The use of AI is also increasing in the financial industry. Transparent and secure use is particularly important in this area. Generative AI is currently taking the world by storm and is not stopping at the financial industry. The key to successful use lies in the transparent, trustworthy and secure use of AI: Financial companies that rely on these aspects can increase the introduction of this technology, the achievement of their business goals and the acceptance of users by up to 50 percent...

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The financial industry cannot ignore the cloud
The financial industry cannot ignore the cloud

Although the security requirements for cloud computing are particularly high in the financial industry, more and more financial institutions are relying on cloud solutions. Greater flexibility, leaner processes, better scalability: these and other reasons are massively driving cloud use in companies. Only the financial sector has so far reacted cautiously in the face of uncertainties. But the new study “Cloud Monitor 2023: Financial Services” from KPMG shows that the industry cannot ignore cloud computing if it wants to help shape technological change. For Daniel Wagenknecht and Gerrit Bojen, both partners in the Financial Services department at KPMG, it is clear: the financial service providers in Germany...

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