Securing the Future: The Impact of AI on Cybersecurity and Economic Stability in the Banking Industry

Author(s)	Mohammad Waish Khan, Wasim Ahmad Ansari
Country	India
Abstract	People are unable to handle the volume of data and the complexity of processes required to secure cyberspace without significant automation. However, software and technologies with conventional fixed implementations are challenging to construct in order to effectively protect against security risks. AI learning techniques and machine simplicity can be used to treat this issue. And when we talk about cybersecurity in banking industry then these industries are trying to adopt artificial intelligence to develop a cyber defence system that would reduce unwanted access and cyberattacks. and how cybersecurity contributes to long-term economic growth. Meanwhile, there is a significant technological disruption taking place in the financial sector. It becomes crucial to comprehend the effects of Artificial intelligence (AI) and other technologies on the cybersecurity of banks.
Keywords	Cybersecurity, Artificial Intelligence, Data Protection, Cyber Defence Systems, Cybersecurity Challenges
Field	Computer > Artificial Intelligence / Simulation / Virtual Reality
Published In	Volume 6, Issue 5, September-October 2024
Published On	2024-10-08
DOI	https://doi.org/10.36948/ijfmr.2024.v06i05.28505
Short DOI	https://doi.org/g7943k

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