Keeping your customers’ financial information safe and secure should be a top priority for your organization. While no company intends to give away their customers’ personal identifiable information (PII), there are a variety of ways your financial data can be compromised.

Today’s cybercriminals use a variety of tactics to access sensitive information. For example, some hackers may try to access misconfigured systems with weak or missing encryption. Although security systems may appear to be locked down, there could be a gap. Even strong systems can be under threat of an error. In fact, one of the most frequent examples of this is employees using weak passwords.

AI Focused Security

Cybercrime is a 24/7 threat. Fortunately, artificial intelligence can help supplement traditional cybersecurity systems. AI is always trying to predict possible threats to sensitive data. For instance, AI can identify issues with the authentication and application of users. Utilizing algorithms and machine learning to identify anything that looks suspicious. This kind of software also can identify potential phishing emails before even reaching someone’s mailbox. Another area of concern that AI can deal with is predicting possible threats to firewalls. It can identify a user that is trying to access content that they are not authorized to.

Today’s online landscape requires having security solutions run at all times. Artificial intelligence works tirelessly to predict and identify potential threats to sensitive information in a variety of ways. If you are interested in learning more details. The resource below provides a few more examples of how AI can mitigate potential cybersecurity threats.

Infographic created by Donnelley Financial Solutions, a financial software company