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G(12)-HOMEWORK-4

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LESSON-3

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G(12)-HOMEWORK-4Online version

LESSON-3

by Sarah Usman Usman Hafeez
1

AI systems are adept at analyzing patterns to detect unusual transactions, helping to prevent credit card fraud.

2

AI can provide alerts to new and emerging attacks much sooner than human employees and previous technology iterations.

3

AI virtual assistants are being used to improve and cut the costs of compliance with banking regulations.

4

Banking organizations are also using AI to improve their decision-making for loans and to set credit limits and identify investment opportunities.

5

Organizations use machine learning in security information and event management (SIEM) software and related areas to detect anomalies and identify suspicious activities that indicate threats.

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