News, Risk Management

Banks ‘woefully underprepared’ for AI cyber attacks

By Ellesheva Kissin
AI cyber attacks
Image via Getty

Cyberattackers are weaponising artificial intelligence in aggressive ‘offensive AI’ cyber attacks, warn experts, and the banking sector — a chief target — is crippled by outdated tools.

Offensive AI attacks can include criminals impersonating real customers and hackers using ‘prompt injections’ that get ...

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