Safeguarding Digital Assets: Harnessing the Power of Artificial Intelligence for Enhanced Data Protection


Authors : Mayank Bhadrasen

Volume/Issue : Volume 8 - 2023, Issue 12 - December

Google Scholar : http://tinyurl.com/4zrw4kmn

Scribd : http://tinyurl.com/4ekhd8ye

DOI : https://doi.org/10.5281/zenodo.10421548

Abstract : In an era of unprecedented data generation and digital asset proliferation, the protection of sensitive information has become paramount. [1]Digital asset systems serve as critical repositories for a wide range of valuable data, including personal information, financial records, and intellectual property. [2]However, these systems face substantial security and privacy challenges due to the ever-evolving threat landscape and the complexity of managing vast amounts of data. Artificial intelligence (AI) in the recent times has emerged as a transformative force in data security, offering a powerful toolkit to enhance data protection in digital asset systems[3]. The following paper aims to comprehensively explore the integration of AI tools and technology into the domain of digital asset protection. It will then further delve into the evolving role of Artificial Intelligence in securing digital assets, outlining not just the key contextual landscape of digital asset protection, but further dissecting current challenges in digital asset safeguarding, evaluating existing methodologies and technologies, and scrutinizing the evolving role of AI in addressing security concerns. Subsequently, the role of ethical considerations will be centre-staged, engaging in a discussion surrounding the ethical implications, potential biases, and fairness issues associated with AI-powered data protection, alongside presenting case studies and practical applications, offering real-world examples of organizations successfully leveraging AI for digital asset protection. Insights derived from these practical implementations will intricately weave into the expected effectiveness of AI solutions across diverse scenarios. Lastly, a cohesive concluding argument will be presented wherein the anticipated key findings and insights, effectively reiterating the significance of AI in enhancing data protection will be put forth. Concluding remarks will offer recommendations for future research, encapsulating the potential transformative impact of AI on the future landscape of digital asset safeguarding.

Keywords : Artificial Intelligence (AI), Data Protection, Digital Asset Systems, Data Governance, Data Privacy and Security.

In an era of unprecedented data generation and digital asset proliferation, the protection of sensitive information has become paramount. [1]Digital asset systems serve as critical repositories for a wide range of valuable data, including personal information, financial records, and intellectual property. [2]However, these systems face substantial security and privacy challenges due to the ever-evolving threat landscape and the complexity of managing vast amounts of data. Artificial intelligence (AI) in the recent times has emerged as a transformative force in data security, offering a powerful toolkit to enhance data protection in digital asset systems[3]. The following paper aims to comprehensively explore the integration of AI tools and technology into the domain of digital asset protection. It will then further delve into the evolving role of Artificial Intelligence in securing digital assets, outlining not just the key contextual landscape of digital asset protection, but further dissecting current challenges in digital asset safeguarding, evaluating existing methodologies and technologies, and scrutinizing the evolving role of AI in addressing security concerns. Subsequently, the role of ethical considerations will be centre-staged, engaging in a discussion surrounding the ethical implications, potential biases, and fairness issues associated with AI-powered data protection, alongside presenting case studies and practical applications, offering real-world examples of organizations successfully leveraging AI for digital asset protection. Insights derived from these practical implementations will intricately weave into the expected effectiveness of AI solutions across diverse scenarios. Lastly, a cohesive concluding argument will be presented wherein the anticipated key findings and insights, effectively reiterating the significance of AI in enhancing data protection will be put forth. Concluding remarks will offer recommendations for future research, encapsulating the potential transformative impact of AI on the future landscape of digital asset safeguarding.

Keywords : Artificial Intelligence (AI), Data Protection, Digital Asset Systems, Data Governance, Data Privacy and Security.

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