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Kearny Financial warns AI boosts sophistication of phishing and deepfake attacks in banking
Artificial intelligence is rapidly changing both the nature of cyber threats and the tools available for cyber defense in the banking sector.
Tim Swansson, Executive Vice President and Chief Technology and Innovation Officer at Kearny Bank, outlines emerging risks including advanced phishing campaigns and the use of deepfakes, emphasizing the need for proactive cybersecurity strategies. As financial institutions become more reliant on digital services, the integration of AI by both attackers and defenders is reshaping risk management priorities across the industry.
Kearny Financial has also focused on supporting its business clients in recent months. The company highlighted Bono USA Inc for its positive contributions to local communities in a previous announcement. This recognition follows the institution's continued emphasis on innovation and community engagement.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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