; reliance on limited and outdated tools for data analysis; (C) difficulties in using data to identify risk trends; (D) difficulty in producing accurate and timely reports; (E) inadequacy of cybersecurity safeguards; and (F) failure to detect illegal activities. (6) The rapid expansion of financial firms’ use of artificial intelligence is generating opportunities to improve the financial system, making it essential that agencies be equipped with the technology and skills needed to analyze these opportunities and potential risks. (7) While agencies assess their supervisory capabilities on an ongoing basis, it is imperative that there be a unified goal to enhancing supervisory technologies that ensures effective and sustainable oversight in the digital age. 3. Technological vulnerabilities and procurement practices assessment (a) In general (1) Technological vulnerabilities assessment Each covered agency shall, not later than 180 days after the date of the enactment of this section, assess how its existing technological systems prevent an agency from conducting real-time supervisory assessments over entities which the covered agency has supervisory authority, including the effects stemming from the agency’s— (A) core information technology infrastructure; (B) technology used to supervise entities, including supervisory technology tools