Bank of America hired 1,000 contractors to patch software flaws exposed by AI
Bank of America has hired 1,000 contractors to address software vulnerabilities that were identified through the use of artificial intelligence. CEO Brian Moynihan expects that the costs associated with these remediation efforts will decrease over time.
Why it matters
It highlights the practical application of AI in cybersecurity auditing and the ongoing operational costs large financial institutions face when modernizing legacy systems.
The contractors remain on the job alongside 3,000 employees,…
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