Remove Consumer Protection Remove Penetration Testing Remove Technology
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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The financial industry is experiencing a gold rush of sorts with the integration of Artificial Intelligence (AI) technologies. The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. and investor doubts.

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Camera tricks: Privacy concerns raised after massive surveillance cam breach

SC Magazine

Making matters worse, the cameras employ facial recognition technology, which leads to questions as to whether an attacker could actually identify individuals caught on camera and then pursue them as targets for social engineering schemes or something even more nefarious. Of course, for some institutions, this is not practical.

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SEC Issues Cybersecurity Alert For Brokers And Financial Advisers

Privacy and Cybersecurity Law

Penetration Tests : Five percent of the broker-dealers, and 57 percent of the investment companies “did not conduct penetration tests and vulnerability scans on systems that the firms considered to be critical.”