Due to the cybersecurity disclosure rules the Securities and Exchange Commission (SEC) has adopted in 2023, public entities in the US are required to disclose any material cybersecurity incidents. Moving forward, these organizations will need in-depth knowledge of the impact, nature, scope and timing of any security incidents. In the age of generative artificial intelligence (GenAI), this is even more complicated. The financial services industry has historically been slow to adopt new technologies into their … More
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