FRANKFURT, May 27 : Euro zone banks need to invest more in cybersecurity if they are to get a grip on new AI models that can find flaws in software, the European Central Bank's outgoing Vice President Luis de Guindos said on Wednesday. "We have to understand much better the potential implications of these new

The ECB is pressing banks to patch vulnerabilities faster as Anthropic's Mythos finds thousands of zero-day flaws and European lenders remain locked out of testing.

The ECB is to urge quicker action on improving the IT security of lending organisations amid evolving AI threats.

Supervisor to stress seriousness of risks to financial system at hastily arranged meeting

The European Central Bank says new AI models could change the threat landscape for banks and calls for faster progress on security measures.

The ECB has told eurozone banks they must tighten cyber-security in response to AI-led attack tools, in a formal Wednesday statement following weeks of private guidance.

The ECB held an urgent meeting with euro area banks urging cybersecurity investment as AI models can now reverse-engineer patches in 30 minutes.

FRANKFURT, May 27 : Euro zone banks need to invest more in cybersecurity if they are to get a grip on new AI models that can find flaws in software, the European Central Bank's…

FRANKFURT, May 27 : Euro zone banks need to invest more in cybersecurity if they are to get a grip on new AI models that can find flaws in software, the European Central Bank's…