Artificial Intelligence, An Emerging Technology for Cybersecurity

Despite the availability of advanced technology, the banking and financial sector is prone to cyberattacks. A systematic literature review is conducted with the primary objective of mapping the research focus on using Artificial Intelligence (AI) for cybersecurity. Due to the increasing interest of researchers in using AI for cybersecurity in recent years, the current study limits the research span between 2018-2022. Using the Preferred reporting items for systematic reviews and meta-analyses (PRISMA) approach, literature from three databases using Google Scholar as a search engine is extracted and synthesised to identify the research streams in literature. This review suggests that cyberattacks are becoming sophisticated and inevitable. Innovative technologies such as AI are the way forward. The study identified several streams in literature, such as technical issues, positive and negative use, ethical and legal issues, individual and organisation-level issues. The current research is based on the review of the available literature in a relatively new field. The paper is one of its kind as it focuses on past, present and future research in the field and identifies some streams in literature. This will pave the way for researchers to evaluate these streams and find barriers associated with AI-enabled cybersecurity, hence opening new avenues empirically.