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The European Central Bank is warning banks to urgently strengthen cybersecurity defenses against a new wave of AI-driven cyberattacks. ECB officials stress that artificial intelligence can amplify the scale, speed and sophistication of threats—automating phishing, deepfakes, and vulnerability discovery—requiring rapid upgrades to detection, incident response and resilience measures. The guidance calls for enhanced monitoring, threat intelligence sharing, stronger authentication, and regular testing to mitigate systemic risks to financial stability. Banks are urged to assess AI-related supply chain risks and ensure governance and staff training keep pace with evolving attack vectors.
AI can scale and speed up cyberattacks, raising systemic risk for banks and financial stability. Tech teams need to prioritize detection, response, governance, and supplier risk to prevent cascading failures.
Dossier last updated: 2026-05-13 15:12:46
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