Finance organizations face increasingly prevalent AI cyberattacks
![Finance Organizations Face Increasingly Prevalent Ai Cyberattacks](https://ppplusnews.com/wp-content/uploads/2023/12/Finance-organizations-face-increasingly-prevalent-AI-cyberattacks.png)
Financial sector organizations poised to experience an influx of artificial intelligence-based cyberattacks in 2024, reports backend news. Kaspersky Lab’s report reveals that such AI-based intrusions can include spoofing legitimate communication channels. As direct payment systems and mobile banking apps grow in popularity, the usage of clipboard malware and mobile banking Trojans is also expected to increase. Over the next year, we expect to see a significant increase in open source backdoor packages that exploit known software vulnerabilities and target financial institutions, while attackers will increase their use of one-day exploits in attacks. It is predicted that. “To stay ahead, financial institutions and organizations must proactively adapt their cybersecurity strategies and strengthen their defenses to protect assets and sensitive data. The financial cybersecurity landscape will be very different in the year ahead,” says Mark, Lead Security Researcher, Kaspersky Global Research and Analysis Team. Rivero said.