In Depth: Cyber risk and AI – friend or foe?
This article was paid for by a contributing third party.
The rise of artificial intelligence signals both a threat and opportunity for UK firms in pursuit of a cyber-secure future. But how can brokers help clients stay on the winning side, asks Saxon East.
The lessons from a deepfake cyber attack this year in Hong Kong are being discussed across the world.
It began with a finance clerk working at a Hong Kong branch of a large multinational corporation receiving an email request from the chief financial officer for an urgent financial transaction.
The clerk was suspicious, but his doubts eased after joining a video conference call with his finance chief and other senior managers. Over multiple transactions, $25m (£19.9m) was transferred from the
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