AI and Cyber Security: What Finance Professionals Need to Know
Institute of Financial Professionals Australia (IFPA)
About this session
Artificial Intelligence is rapidly transforming the way finance professionals work, creating opportunities to improve productivity, automate routine tasks, and streamline business operations. But alongside these benefits come new risks that many businesses are only beginning to understand. As trusted owners of sensitive financial and client information, finance professionals are increasingly being asked important questions about how AI is being used, where data is being shared, and what safeguards are in place to protect confidential information. This practical webinar explores how AI is changing the cyber security landscape, the emerging threats finance professionals need to be aware of, and the simple principles that can help reduce risk while maintaining client trust. We’ll examine how cyber criminals are leveraging AI, why traditional verification processes are becoming more important than ever, and what finance professionals should consider before using AI tools in their day-to-day work. This session is designed for finance professionals, advisers, accountants and practice owners who want a practical understanding of AI-related cyber risks without the technical jargon. In this webinar, you’ll learn: Why AI is being described as the biggest productivity shift since cloud accounting and what it means for finance professionals The most common ways businesses unintentionally expose confidential information when using AI tools How cyber criminals are using AI to create more convincing phishing emails, scams, impersonation attempts and deepfake attacks Real-world examples of AI-related data breaches and fraud incidents, and the lessons learned The difference between low-risk and high-risk AI use cases in finance and advisory businesses How to recognise emerging AI-enabled scams targeting financial professionals and their clients Why verification processes, client confidentiality and professional judgement remain critical in an AI-driven world Practical questions to a