65% of financial services firms cite data protection as the primary barrier to AI adoption.

71% of financial services firms noted data protection concerns are driven by the volume of sensitive data required to support AI models.

Data security (43%) and lack of trust in GenAI outputs (40%) remain major adoption hurdles for GenAI in supply chains

75% of CISOs say their organisation experienced a decrease in cybersecurity incidents following increased investment in AI, compared to the rest of the C-suite (68%).

22% of financial organisations increasingly use AI for threat intelligence.

89% of financial organisations expressed concern about AI-powered phishing attacks.

More than four in five security professionals (84%) prefer security tools powered by artificial intelligence.

33% of financial organisations increasingly use AI for automated incident response.

AI and LLM security has emerged as the top concern among security professionals (72%).

Only 66% of organisations are conducting regular security assessments like pentesting on their AI products.

98% of organisations are incorporating generative AI technologies into their products.

89% of people are "concerned about my data being used by AI tools without my consent".

Half (50%) of IT decision-makers surveyed acknowledge their teams lack the necessary expertise to implement and manage AI-driven cybersecurity tools.

Nearly three-quarters (73%) of IT decision-makers globally express concern about nation-state actors using AI to develop more sophisticated and targeted cyberattacks.

64% of IT decision-makers agree that AI is challenging the geopolitical status quo, allowing smaller nations and non-state actors to emerge as near-peer cyber threats.

Concerns around data security and privacy remain a challenge when it comes to implementing AI initiatives for 34% of respondents.

Artificial intelligence ranks as the second-biggest TPRM risk heading into 2025 among financial institutions.

99% of CISOs expressed concern over the potential risks of AI-driven threats.

98% of respondents integrated AI into their supply chains in Q1

63% of respondents are very familiar with Generative AI (GenAI).