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A Security Assessment of AI, Related to the Financial Institutions

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Security-Related Advanced Technologies in Critical Infrastructure Protection

Abstract

This paper aims to summarise threats of new technologies, mainly the artificial intelligence solutions employed by the financial industry. Based on the professional literature, the paper provides an assessment and prioritization of threats of different systems. The authors also estimate the threat of the various threat actors. The paper assesses the risk of artificial intelligence solutions embedded into financial systems based on the abovementioned factors. The paper also concludes that no specific audit standards are applicable for AI systems. The authors suggest developing a design, implementation, and operational guideline supporting organizations that use ICT applications during their day-to-day operations. This paper is the first to highlight new research and development action plans and provide a practical summary of this field’s currently available fragmented knowledge. It suggests some potential solutions for the issue.

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Correspondence to Zsolt Illési .

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Illési, Z., Honfi, V.S. (2022). A Security Assessment of AI, Related to the Financial Institutions. In: Kovács, T.A., Nyikes, Z., Fürstner, I. (eds) Security-Related Advanced Technologies in Critical Infrastructure Protection. NATO Science for Peace and Security Series C: Environmental Security. Springer, Dordrecht. https://doi.org/10.1007/978-94-024-2174-3_7

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  • DOI: https://doi.org/10.1007/978-94-024-2174-3_7

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  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-024-2173-6

  • Online ISBN: 978-94-024-2174-3

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