AI, blockchain tech can potentially increase data breach threat: Accenture study

  • AI, blockchain tech can potentially increase data breach threat: Accenture study
  • Financial firms are struggling to assess risks of disruptive technologies, with 72 per cent of risk managers surveyed by Accenture saying complex risks are emerging more rapidly than their own skills are advancing.
  • Among the key findings of the Accenture study, only 11 per cent of risk managers describe themselves as fully capable of assessing the risks associated with adopting AI across their organisations, and even fewer said they are fully capable of assessing the risks associated with RPA or blockchain (9 per cent and 5 per cent, respectively).
  • While disruptive technologies, including AI and natural language processing, can present risks across organisations, the survey revealed a strong correlation between the deployment of these technologies and robust risk-readiness within the risk function itself.

Read full article: thehindubusinessline.com