Artificial Intelligence based Cyber Security Threats Identification in Financial Institutions Using Machine Learning Approach

Dhruv Kumar, Kakumanu Prabhanjan Kumar · 2023

As digital assets become more interconnected, cyber threats are growing at an unprecedented rate. Financial institutions need to invest in artificial intelligence-based solutions for identifying these threats and protecting their assets. Machine learning is a powerful tool for investigating complex financial security threats that constantly evolve and can be difficult to predict. By leveraging AI technologies such as natural language processing, algorithms, and automated reasoning systems, banks can develop a better understanding of potential risks and create more efficient controls around their data. In this paper, an artificial intelligence based cyber security threats identification has proposed in financial institutions using machine learning approach. Machine learning algorithms are constantly being improved to identify anomalies in the data that might indicate a security threat. This approach enables financial firms to identify and defend against malicious attacks using custom-made models that provide actionable insights into both internal and external risks.

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