Asia Pacific and Japan (APJ) reported 46% productivity gains after adopting AI.

The percentage of companies integrating AI into at least one business function has dramatically increased to 72% in 2024, up 55% from the previous year.

52% of financial services firms report using preliminary AI tools for tasks such as information retrieval and data enrichment.

50% of financial services firms don't factor AI capabilities into vendor evaluations

Over 60% of financial services firms anticipate using more sophisticated AI tools by 2030.

51% of financial services firms block open-access AI tools entirely.

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

43% of financial services firms are concerned about bias in AI-generated outputs.

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

70%+ of financial services firms have formal AI usage policies.

47% of financial services firms take a "learn as I go" approach to AI education.

Closed-source AI (e.g., Gemini) is more popular (41%) than open-source (e.g., ChatGPT at 32%) with financial services firms.

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

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

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

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%).

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

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

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

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