Move Over, Sherlock: Watson, Other AI Sicced on Cybercrooks

“Using AI may help maintain the rapid response required to detect and react to the landscape of ever evolving cyber threats,” the White House said in a report published Thursday. IMAGE: Adobe Stock As banks look for places to save time and effort by deploying artificial intelligence software, one logical place is cybercrime and fraud investigations. One reason for this is that the amount of cybersecurity threat information keeps growing as the availability of cybersecurity skills in this country shrinks. According to the Ponemon Institute, organizations receive on average nearly 17,000 malware alerts a week, and the time spent responding to these alerts as well as to inaccurate and erroneous intelligence in general costs $1.27 million annually. The group’s research has also found that 19% of all security alerts are…

Link to Full Article: Move Over, Sherlock: Watson, Other AI Sicced on Cybercrooks

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