Will Artificial Intelligence be the answer to BFSI cyberattacks?

CIO Magazine reports that the BFSI sector will be the key target of cyber-criminals this year. They write, "BFSI companies were possibly the biggest target of cyber-criminals over the last couple of years. The trend is likely to continue as cyber-criminals will continue to find innovative ways to steal identity and money." Until recently, cybersecurity measures in the banking industry have been far from the latest technological advancements. Yet, increasingly creative security breaches and continuous frauds in the financial services industry have forced the BFSI to reboot their security strategies and adopt new technologies for their cyber security management.