Community Bank Partners with SBS CyberSecurity for Virtual Chief AI Officer Service
A midsize Community Bank in South Dakota has partnered with SBS CyberSecurity through its virtual chief AI officer (vCAIO) service, announced in a press release. The initiative aims to help the bank adopt artificial intelligence strategically, improve operational efficiency, and strengthen governance.
Through the vCAIO engagement, SBS is guiding the bank through a 10-step process that begins with forming an internal AI team and mapping existing AI usage. The process continues with developing a strategic roadmap, establishing AI use guidelines, conducting staff training, and selecting tools to enable secure and sustainable AI integration.
SBS CEO Chad Knutson said the partnership reflects a proactive approach to managing AI adoption within financial institutions, where employees and vendors are already using AI-driven tools. The company expects more banks to adopt similar governance frameworks as AI becomes increasingly embedded in financial operations.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Cybersecurity AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Cybersecurity
Oct 16 SpartanX names Erik Hardy CEO and launches vendor risk testing Oct 16 Inlayer, JLINC and Vconic Introduce Human Verification for Calls Oct 16 CTM and Huawei Plan AI Network Security Upgrades in Macao Oct 16 Advantech and DEKRA Partner on Industrial Cybersecurity Compliance Oct 15 Cyfendo Offers AI Code Scanning and Patch Review for Small BusinessesCybersecurity AI Weekly
Weekly newsletter about AI in Cybersecurity.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Small Banks Lead Peers in AI Readiness but Struggle to Scale
State Bank Regulators Propose AI Risk Framework
OpenAI and America's SBDC Plan AI Training for 1,000 Small Businesses
State Affairs Forms Advisory Board for AI Policy Platform
V-Key Makes Majority Investment in CloudsineAI
Daily AI Brief: the AI news that matters, in your inbox.