Bank of Singapore CEO flags cybersecurity as AI’s “big elephant in the room”

While artificial intelligence (AI) is helping private banks streamline operations and improve client services, Bank of Singapore CEO Jason Moo has warned that the technology is also exposing financial institutions and their clients to growing cybersecurity risks. Speaking at the Dubai FinTech Summit on Monday, Moo described cybersecurity as the “big elephant in the room” and the “big monster” facing…

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