Reserve Bank of India (RBI) Governor Sanjay Malhotra has cautioned banks and financial institutions about emerging cybersecurity threats associated with artificial intelligence (AI), emphasising the need to strengthen IT infrastructure, safeguard customer information and promptly address technological vulnerabilities. Speaking at Read More …
Tag: AI risk management
RBI Governor Warns Banks of Emerging AI-Driven Cyber Threats, Calls for Stronger Cybersecurity and IT Resilience
Bank of Japan Warns of AI-Driven Market Shocks, Non-Bank Financial Risks and Growing Cybersecurity Threats
The Bank of Japan (BOJ) has warned that rapid growth in artificial intelligence (AI)-related investments, increasing financial interconnectedness and sophisticated cyber threats could create new vulnerabilities for Japan’s banking sector and the broader financial system. The central bank has emphasised Read More …
Major US Banks Block Unauthorised AI Agents Amid Growing Concerns Over Customer Account Security
Leading US financial institutions, including Morgan Stanley, JPMorgan Chase and Charles Schwab, have begun restricting unauthorised third-party artificial intelligence (AI) agents from accessing customer accounts and conducting financial transactions. The measures reflect growing concerns over autonomous AI systems operating within Read More …
Responsible AI Deployment Requires Stronger Risk and Network Governance
The growing deployment of artificial intelligence (AI) across telecommunications networks is creating new opportunities while introducing additional operational, security and governance risks. As AI systems become increasingly involved in network management and automated decision-making, operators need stronger frameworks to ensure Read More …
Deloitte Launches AI-Powered Risk Management Solution
Deloitte has launched Risk Clarity, an AI-native solution designed to help organisations modernise enterprise risk management through agentic artificial intelligence. Announced on 14 October 2026, the solution is delivered through Deloitte’s AI-enabled Ascend service platform. Risk Clarity combines Deloitte’s risk Read More …
Certificate Course in Third-Party, Cyber & AI Risk Management
The rapid digital transformation of India’s banking and financial services sector has fundamentally changed the nature, complexity and interconnectedness of financial risks. Banks, Non-Banking Financial Companies (NBFCs), financial institutions and other regulated entities increasingly depend on third-party service providers, cloud Read More …
AI Agent Safety Needs Multiple Layers of Control
AI agents are creating a new dimension of technology risk because, unlike conventional software or standalone large language models, they can be connected to tools that allow them to read information, modify records, send communications or execute actions. A recent Read More …
Frontier AI Creates New Cyber Risk for Europe
The emergence of frontier AI models in April 2026 has changed the cyber-risk landscape, according to a new CEPR VoxEU analysis by Eric Törnqvist and Jerzy Kopiński. The authors argue that advanced AI systems can autonomously execute cyber operations and Read More …
AI Governance Burden Grows as Enterprise Use Expands
Enterprise adoption of artificial intelligence is increasing the workload associated with AI risk and governance, with a OneTrust survey finding that four in five senior business decision-makers, including Chief Information Officers, Chief Information Security Officers and Chief Data Officers, are Read More …
Guterres Calls for Global AI Risk Framework
United Nations Secretary-General António Guterres has called for stronger international cooperation to manage the potential risks arising from the rapid development of artificial intelligence. Addressing the opening of the 81st UN General Assembly, he said countries should work towards a Read More …