Citi CEO Says Companies Scrambling to Launch AI Cyber Defenses

Citigroup’s CEO says artificial intelligence-related security concerns have led to a wave of cyber defense fixes in the business world. “There is a race to defend and shore up all of the firm’s perimeters, and there is a tsunami of patching going on in the world at the moment in all companies,” Jane Fraser said Sunday (Sept. 20) at the Qatar Economic Forum in New York City.