by Beth Sumner | Sep 12, 2024 | AI, Community Banking, Financial Institutions, IT, IT Security
Several months ago, I wrote a blog on Shadow IT, emphasizing the risks of unapproved software and systems used by employees without the knowledge of the IT department. Shadow IT can lead to significant security vulnerabilities, as it is impossible to protect...
by Zach Duke | Jun 20, 2024 | AI, AI Governance, AI Information Security Assistant, AI Tools, Conversational AI, Cybersecurity, Exam, Information Security Governance, IT, Regi Ranger, Regulatory
For over a year now, every Tuesday, the Finosec team has been holding a meeting to discuss how we are leveraging AI personally, at work, and in our platform. These weekly meetings have consistently focused on sharing the impact of AI for each of us personally and the...
by Zach Duke | Jun 6, 2024 | AI, AI Governance, AI Policy, FDIC, Financial Institutions, Generative AI, Governance, Information Security, Information Security Governance, IT, Machine Learning, Regulatory, Technology
The integration of artificial intelligence (AI) in the financial services sector presents both transformative opportunities and significant challenges. As financial institutions increasingly evaluate AI technologies, it is crucial to ensure these innovations comply...
by Beth Sumner | May 23, 2024 | AI, AI Risk Assessment, AI strategy, Back-Office Automation, Banks, ChatGPT, Cybersecurity, Financial Institutions, Fraud Detection System, Generative AI, Innovation, Phishing, Security
Recently, I had the privilege of speaking to a group of bankers at the ICBA Live conference. When I asked who was using AI, only a few hands went up. Then I asked how many had policies forbidding AI usage, and several more hands were raised. This brought us to an...
by Zach Duke | May 9, 2024 | AI, AI Tools, Automation, Conversational AI, Security
For those of you who don’t know me or my family well, we are a Disney family. For those of you who just rolled your eyes, bear with me, this article isn’t just about Disney. It’s about a lightbulb moment I had while riding Epcot’s Spaceship Earth, which illustrates...
by Beth Sumner | May 22, 2023 | AI, Banking, ChatGPT, Cyber Attack
Recently, I’ve been getting many questions on ChatGPT and Artificial Intelligence in Community Banking. Should you implement it? Shouldn’t you? What are the risks? What’s my opinion on this hot topic?? One thing anyone who knows me can tell you, I am an expert in my...
