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Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warns
Chief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threats to materialize before strengthening defenses. Recent AI agent breaches highlight the urgent need for robust security frameworks. Institutions must secure existing assets before leveraging AI at scale. Wider adoption of cross-border payments depends on substantial bilateral trade volumes.
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economictimes.indiatimes.com
AI safety: India must keep humans in the loop, prevent exclusion, says CEA Nageswaran
Chief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial exclusion and humans must remain…
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thehindubusinessline.com
India needs proactive approach on AI safety, security in financial sector: CEA Nageswaran
AI can help financial firms analyse creditworthiness more effectively and flag risks of default and financial stress at an earlier stage, but stressed that its deployment should…
