The Unique AI Cybersecurity Challenges in the Financial Sector

A new report by the U.S. Treasury Department on AI cybersecurity risks specific to the financial sector highlights a lack of transparency around how black-box AI systems operate, and calls for better ways to map out data supply chains across AI systems.

The Treasury Department carried out in-depth interviews with 42 financial services sector and technology related companies, from local banks and credit unions to global financial institutions. The subsequent report, released Wednesday, gives an overview of current AI use …

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