DailyNews
vip

According to a UKTN report on July 12, Nikhil Rathi, director of the UK Financial Conduct Authority (FCA), will speak today to warn of the risks posed by artificial intelligence (AI) to banks, investors and insurers. Rathi will warn of an imminent increase in "cyber-fraud, cyber-attacks and identity fraud" that will increase in "scale, sophistication and effectiveness". "As artificial intelligence is further applied, investments in fraud prevention and operational and cyber resilience must simultaneously accelerate," Rathi said.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)