Famous for its cuckoo clocks, Switzerland is about to get a machine so sophisticated that it will outthink the cyber-attackers targeting its equally famous banking industry. Being developed by IBM and SIX, the Financial Technology Company of Switzerland, this will be the country’s first cognitive security operations centre (SOC) and will help protect the Swiss financial services industry. This will probably fly under the radar for most consumers, but a recent survey indicates that the public is concerned about artificial intelligence including its negative impact on jobs and how it might be used by criminals.
ORIGINAL SOURCE: SC Magazine UK
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from Switzerland to Build AI Cognitive Security Ops Centre to Protect Banks