ECB Urges Banks to Strengthen Cyber Defenses Against AI Threats
The European Central Bank (ECB) is pressing banks to enhance their cybersecurity measures, citing increased vulnerabilities posed by advanced AI models. ECB President Christine Lagarde also indicated a likely revision of the inflation outlook in June.
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ECB summons banks to urge them to fix flaws exposed by latest AI models
Supervisor to stress seriousness of risks to financial system at hastily arranged meeting
Read full article →Banks boost lending as credit growth gathers pace
Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared by Greek business outlet Newmoney, indicate that credit expansion has become the main driver of sustainable banking profitability, while also underpinning broader economic momentum. Banks […]
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