Using Artificial Intelligence To Help Keep Your Financial Data Safe (Infographic)

Just because your business is relatively small doesn’t mean you don’t have to worry about cybercrime. In fact, the risks can be even greater for smaller companies. Because you most likely don’t have the same resources as your larger competitors, it could be easier for hackers to sneak into your systems and take your most sensitive information. If you do suffer a data breach, it could end up costing you everything. This is why it’s so important to have as many layers of protection as possible — and artificial intelligence should be one of them.

Cybersecurity that features AI does much more than traditional systems. That’s because the sophisticated algorithms it has under the hood can take an active role in guarding your data. In effect, it can be a 24/7 sentry, always looking for signs of suspicious activity and taking the most appropriate actions no matter what time of day.

For example, it can scan incoming emails for signs of phishing schemes, quarantining those that look like trouble before they can reach your employees’ inboxes. This means there’s virtually no chance for anyone to be fooled into clicking a malicious link. AI also can keep data encrypted while it’s being analyzed, preventing any lapses in security that could be exploited. It can strengthen your firewalls by always looking for signs that users are trying to access information they are not authorized to see. It can then lock the data automatically until the request is determined to be legitimate.

Keeping your customers’ financial information and other critical data safe matters a lot, no matter how large or small your business is. To learn more about what artificial intelligence can do to enhance the security of your network and what it contains, take a look at the accompanying resource.

Infographic created by Donnelley Financial Solutions, a financial consolidation software company.