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2026-10-13T00:00:00.000Z

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Global banks brace for AI risks

Global banks brace for AI risks

The article discusses the increasing efforts by regulatory authorities around the world to address the risks associated with artificial intelligence in the banking sector, particularly cyber-attack risks and the undermining of financial stability. It notes that regulatory bodies in the United States and Europe are focusing on monitoring how banks utilize AI models, including those used in cybersecurity defense, control of autonomous systems, and enhancing cyberattack recovery plans. Experts and financial institutions also warn of the potential for severe disruptions in the next six months, amid growing concerns about security challenges related to modern technology, along with calls to strengthen cybersecurity capabilities and develop regulatory controls.

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