The Swiss Financial Market Supervisory Authority (FINMA) has warned banks and insurers about the growing risks posed by artificial intelligence and cyber threats.
FINMA warns of 33% cyberattack surge and systemic AI model risks—third-party vendor controls become mandatory for banks. Quantum threat horizon and regulatory speed require CTO teams to prioritize AI governance and compliance architecture in 2026-2027.
Cyber attacks have risen significantly, according to Marlene Amstad, chair of the FINMA's board of directors.
Keystone-SDA
The Swiss Financial Market Supervisory Authority (FINMA) has warned banks and insurers about the growing risks posed by artificial intelligence and cyber threats.
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