If the Equifax hack wasn’t enough, the Capital One snafu may not be either. So far, little has been done to safeguard the public. While Senators Elizabeth Warren and Mark Warner have been active in fighting for broad legislative changes that hold companies accountable for the loss of information, Congress hasn’t played ball. government isn’t doing enough to protect us either. Using AI to improve the security of banking institutions is a natural step.”īeyond punitive damages, the U.S. “We have to put humans first and make sure we are protecting their personal identification. “One of the things we are seeing is that more and more companies are using AI for cybersecurity,” says Ben Lamm, CEO of AI company Hypergiant.
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