# Exploring the Impact of AI-Based Cyber Security Financial Sector Management
## 1 Introduction  
Organizations, communications, applications, objects, and information are protected from cyber threats by cyber security disciplines, systems, and procedures [1]. By preventing unauthorized access to resources, systems, and technologies, cyber assault risks are reduced. Innovating society through the Internet of Things (IoT) is a promising paradigm for the future [2]. In order to protect their clients' money, banks need to employ a cyber-risk management strategy [3]. Due to its wide variety of opportunities for gain, including intimidation, robbery, forgery, and political and philosophical influence, the financial industry is a target for hackers and advanced persistent threats [4]. As stated in the abstract, this study's proposed method is an AI-powered cyber security strategy that makes use of the K-Nearest Neighbor (KNN) algorithm and the Enhanced Encryption Standard (EES) cipher and decryption algorithm. The abstract provides support for this approach by elaborating on the necessity for more effective and comprehensive security solutions to prevent the proliferation of network assaults using AI and data poisoning. The proposed approach is offered as a means to improve the efficiency, privacy, scalability, risk reduction, data protection, and attack avoidance ratios of cyber security systems, as well as to better categorize and address the problems associated with cyberattacks. Therefore, the description elucidates the rationale for employing the proposed method and the advantages it may bring to management in the financial sector. When a customer's personal information is compromised, it can quickly spiral out of control. As a result, banks and financial institutions place a greater emphasis on cybersecurity due to the sensitive information they store for their customers [5]. Protecting customer assets is the most obvious argument for cyber security in banking activities [6]. As customers increasingly forego using cash, more transactions are being conducted via internet checkout pages and physical credit scanners. Consequently, customers and other banking firms have stopped believing in it [7]. Banks use encryption software to protect their digital interactions and private details from hackers [8]. A computerized security program keeps computers safe from attacks from the outside world so that their privacy, reliability, and authenticity are not compromised. A network intrusion presents a threat to the target server's and the network's capabilities. A network administrator may respond when an Intrusion Detection System (IDS) detects an intrusion. Internet mistrust has increased in parallel with the regularity of cyberattacks. A successful security attack is a Denial of Service (DoS) attack. When discussing the potential effects of AI-based cyber security on the management of the financial sector, the term \"security program\" is used to describe a comprehensive set of strategies, policies, procedures, and tools developed to protect sensitive data and critical systems from unauthorized access, use, disclosure, modification, and destruction. Risk analysis, threat modeling, vulnerability management, incident response preparation, access management, data security, network segregation, monitoring, and reporting are all typical parts of such a program. When properly implemented, a security program may protect an organization from cyber threats, quickly respond to security incidents, limit losses and downtime, and guarantee adherence to all applicable rules and laws. The automation of routine processes, real-time threat intelligence, and improved decision-making speed are a few ways in which AI-based cyber security solutions improve the efficacy and efficiency of security programs. In addition to the aforementioned, banks use security features and routers to safeguard their servers and data. Protective features such as OTP confirmation, ATM validation, and pre-enrollment with ATM or signatory authorization are available [9].