UK Regulator Warns of AI Cyber Security Risks for Banking Sector

Sam Woods, the outgoing chief of the UK's Prudential Regulation Authority (PRA), has identified AI cyber security risks as a top concern for banking threats, expressing significant worry about vulnerabilities in lenders' IT systems.

4 Jun, 04:00 — 4 Jun, 04:00

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FTVery High38d ago

AI cyber security risk ‘top of list’ for banking threats, says UK regulator

Sam Woods, the outgoing chief of the PRA, says he is ‘very concerned’ about vulnerabilities in lenders’ IT systems

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UK Regulator Warns of AI Cyber Security Risks for Banking Sector

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AI cyber security risk ‘top of list’ for banking threats, says UK regulator

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