back Back

CaixaBank forms international consortium for cybersecurity research

By Gloria Methri

January 05, 2023

  • AI4CYBER
  • Caixabank
  • Cyber - Attacks
Share

CaixaBank, Spain, European consortium, cybersecurity, Artificial Intelligence, Big Data, AI4CYBER, cyber attacks, fraudWorking with 11 international entities, CaixaBank has formed a European research consortium to explore ways to improve cybersecurity by leveraging artificial intelligence (AI) and big data. The project, AI4CYBER, is part of the Horizon Europe programme and is funded by the European Union.

For the next three years, CaixaBank has teamed up with Tecnalia, the University of Western Macedonia, Thales, Frontedart, Public Power Corporation, ITTI, Hospital do Espírito Santo de Évora, Montimage, Search-Lab, the European Organisation for Security and PDMFC to study new ways of tackling cybersecurity challenges, focusing particularly on the opportunities and risks involved in applying artificial intelligence.

The AI4CYBER consortium’s key objective is to design new cybersecurity services to understand, detect, and analyse cyberattacks, as well as prepare critical systems to withstand them.

CaixaBank’s participation in the project will be to test the solutions in a real-life environment of a financial institution. This will allow the researchers to study the benefits of the new solutions and improve models for detecting anomalies in behavioural patterns.

CaixaBank says cybersecurity is a priority for the company, having rolled out a cybersecurity ecosystem with specialist teams and advanced technology infrastructure to protect digital transactions from security threats.

The bank continuously invests in new technology to meet customer demands, guarantee their growth, adapt to emerging business needs, and provide access to information around the clock.

CaixaBank has also adapted measures such as creating a specialised group for responding to IT security incidents, and a centre that coordinates the overall security of the whole Group. In addition, it is a member of the main cybersecurity research and collaboration international forums.

Previous Article

January 05, 2023

HelpPays integrates KyckGlobal to expand payment options

Read More
Next Article

January 05, 2023

Next Bank, a digital bank in Taiwan launches on Temenos

Read More








IBSi Daily News Analysis

Web3, Indian market

April 16, 2024

AI4CYBER

Explosive growth in Web3: UAE and MENA region poised to lead crypto, DeFi, and Metaverse revolution

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finastra adds AI ESG scoring into working capital solution with TradeSun

Read More

Today

FinbotsAI set to boost credit risk management for Myanmar’s KBZ Bank

Read More

Today

Paystand integrates B2B Payments with Microsoft Dynamics 365 Business Central

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023