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Risk management and fraud news from around the web: May 13 – 17, 2024

Written on May 17, 2024

Business leaders are becoming more proactive on cybersecurity by building awareness of and investment in security measures.  

Artificial intelligence technology is presenting new risks — and new opportunities — to financial institutions hoping to improve their cyber security and reduce fraud. 

There is an ever-growing realization that in comparison to a range of other sectors, Gen AI and blockchain are currently in the process of redefining the financial services industry. 

Organizations need to ensure the workforce has the necessary skills and training to manage the emerging risks and opportunities of artificial intelligence, a panel of risk leaders said.

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