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Regions Bank Says AI-Powered Cybersecurity Raises Costs by 1.5% to 3.5%

Regions Bank Says AI-Powered Cybersecurity Raises Costs by 1.5% to 3.5%

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Summary

Regions Bank says the use of artificial intelligence in cybersecurity increases costs by between 1.5% and 3.5%. The figures were reported by PYMNTS.com.

Details

Regions Bank says that deploying artificial intelligence in cybersecurity leads to a cost increase of between 1.5% and 3.5%.

The information was presented in a PYMNTS.com article titled “Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%.” The available information does not specify which costs are included in the range or the period covered by the estimate.

NEXORA AI — Why it matters

The figures highlight that adopting AI for cybersecurity can be associated with higher costs for Regions Bank.

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Read the original publication at pymnts.com