In this insightful discussion on CNBC Awaaz’s Consumer Adda, Vishal Chaudhary, Executive Director – DISC Consulting Management, Dexian, explores the growing cybersecurity risks emerging from the rapid adoption of Artificial Intelligence across industries. As AI becomes more sophisticated, cybercriminals are increasingly leveraging the technology to launch advanced fraud schemes, automate attacks, and exploit vulnerabilities at an unprecedented scale.
Focusing on the banking and financial services sector, Vishal discusses how AI-powered cyber threats are reshaping the fraud landscape in India. From deepfakes and intelligent phishing attacks to evolving security challenges facing financial institutions, he highlights the need for organizations to strengthen their cyber resilience through proactive risk management, advanced threat detection, and continuous innovation in security practices.
The discussion also examines the broader implications of AI-driven cybercrime for consumers, businesses, and regulators, offering valuable perspectives on how organizations can stay ahead in an increasingly complex digital environment.