Artificial intelligence (AI) is becoming more integrated into daily life activities, but as digital crime increases, the question of who decides on cybersecurity measures is gaining attention. The increasing efficiency and volume of cyber attacks has raised the question of who will hunt down and respond to threats. Recent tech advances suggest that AI will play a role in cybersecurity, as companies such as Microsoft already use AI to evaluate cybersecurity solutions. However, concerns have been raised regarding biases in AI programs and the potential vulnerability of companies across industries if these biases affect decision-making. Although the involvement of AI in cybersecurity is necessary to meet the demand for faster setups, humans should retain the ultimate responsibility for auditing AI decisions. Cybersecurity providers need to train data scientists and others to understand the decision-making processes of AI. Striking a balance between human involvement and AI capabilities is key to effectively securing cyberspace.
TECH INTELLIGENCE: Ace Communication
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Quantum-Computing-and-Finance.jpg)
Latest from Blog
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Decoding-Fintech-Licenses.jpg)
Get the inside scoop on cybersecurity with Contrast CISO David Lindner
TLDR: SQL injection remains a problem that can be prevented with application detection and response. Implementing multi-factor authentication can help lower cybersecurity insurance costs. CISA’s role in election disinformation highlights the need
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Digital-Banks_-How-They-Operate.jpg)
Stay ahead with the Cybersecurity Pulse Report: Black Hat 2024 Edition
Cybersecurity Pulse Report – Black Hat 2024 Edition Summary TLDR: This will be uploaded to wordpress and so you can start with a Cybersecurity Pulse Report – Black Hat 2024 Edition Key
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Peer-to-Peer-P2P-Lending-Revolution.jpg)
Moody’s: Cyber insurance competition rises, prices fall
Moody’s Ratings: Cyber Insurance Competition Up, Prices Down TLDR: Cyber insurance market poised for growth due to increased demand. New players entering the market may decrease premiums. Article Summary The cyber insurance
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Impact-of-GDPR-on-Fintech-Companies.jpg)
Syxsense acquires Absolute to beat cyber vulnerabilities with strength
TLDR: Absolute Security has acquired Syxsense to enhance its cyber resilience platform. The acquisition will simplify patching and remediation issues through automation. Article Summary: Absolute Security has acquired Syxsense to improve its
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Evolving-Cybersecurity-Needs-in-Fintech.jpg)
Apache’s OFBiz gets new fix for RCE exploits
TLDR: Apache released a security update for OFBiz to patch vulnerabilities, including a bypass of patches for two exploited flaws. The bypass, tracked as CVE-2024-45195, allows unauthenticated remote attackers to execute code
![](https://cybsecwizard.com/wp-content/uploads/2023/12/The-Financial-Security-of-Fintech_-FDIC-and-Beyond.jpg)
Feds caution: Russia-linked CVE threats target essential infrastructure
TLDR: Threat groups linked to Russia’s military intelligence service are targeting critical infrastructure in various sectors. The attackers have defaced websites, scanned infrastructure, and leaked stolen data. Summary: Federal authorities in the
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Machine-Learning-in-Fraud-Detection.jpg)
Allies blame Russian military for destructive cyber-attacks
TLDR: US and allies accuse Russian military of launching cyber-attacks targeting critical infrastructure for espionage and sabotage purposes. Unit 29155, a cyber group affiliated with the Russian military, is responsible for deploying
![](https://cybsecwizard.com/wp-content/uploads/2023/12/The-Role-of-UX-and-UI-in-Fintech-Apps.jpg)
Brazil bans X, and Tom Alcock on cybersecurity talent hunt
TLDR: Key Points: Brazil banned X (Twitter) due to misinformation during the presidential election. Tom Alcock, founder of Code Red Partners, discussed the importance of cybersecurity talent recruitment beyond traditional methods. In
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Top-Fintech-Trends-of-2023.jpg)
Palo Alto Networks acquires IBM’s QRadar Assets in SIEM victory
Article Summary TLDR: Palo Alto Networks has acquired IBM’s QRadar SaaS assets to enhance its cybersecurity capabilities. The integration of QRadar’s assets into Palo Alto Networks’ Cortex XSIAM platform will lead to
![](https://cybsecwizard.com/wp-content/uploads/2023/12/Machine-Learning-in-Fraud-Detection.jpg)
NIST CSF 20: Secure your cyber world with confidence framework
TLDR: NIST has released Version 2.0 of its Cybersecurity Framework (CSF) with an enhanced focus on Privileged Access Management (PAM) and Identity & Access Management (IAM). Key updates in NIST CSF 2.0