{"id":204029,"date":"2026-04-20T08:56:00","date_gmt":"2026-04-20T12:56:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/20\/banks-up-defenses-as-ai-drives-76-of-cyberattacks\/"},"modified":"2026-04-20T09:05:07","modified_gmt":"2026-04-20T13:05:07","slug":"banks-up-defenses-as-ai-drives-76-of-cyberattacks","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/20\/banks-up-defenses-as-ai-drives-76-of-cyberattacks\/","title":{"rendered":"Banks Up Defenses as AI Drives 76% of Cyberattacks"},"content":{"rendered":"

Banks Up Defenses as AI Drives 76% of Cyberattacks<\/a><\/p>\n

https:\/\/www.pymnts.com\/cybersecurity\/2026\/banks-up-defenses-as-ai-drives-76percent-of-cyberattacks\/<\/a><\/p>\n

Publish Date: 2026-04-20 08:56:00<\/a><\/p>\n

Source Domain: www.pymnts.com<\/a><\/p>\n

Author: <\/a><\/p>\n

Using an unordered list, summarize the following article with between 4 and 8 key points. Banks are reportedly increasing their efforts to defend themselves against cyberattacks amid new technological breakthroughs.<\/p>\n

As the Financial Times (FT) reported Monday (April 20), banks including\u00a0JPMorgan Chase,\u00a0Lloyds\u00a0and\u00a0Santander\u00a0are taking steps to protect their systems against these threats.
\n\u201cMore is changing now and faster than we have seen in a long time, the time to find and exploit vulnerabilities is drastically decreasing,\u201d\u00a0Patrick Opet, chief information security officer at JPMorgan, told the FT.
\nThe report cites the\u00a0IBM\u00a0X-Force 2025 Threat Intelligence Index, which showed that the finance and insurance industries made up 27% of\u00a0cyberattacks\u00a0last year, the second largest share among all sectors.
\nAs the FT notes, the role of financial institutions at the core of modern economies has made them an obvious target for cybercriminals who hope to take advantage of both their financial reserves and large stores of customer data.
\n\u201cIt is the ability to get paid in a\u00a0ransomware\u00a0scenario [which motivates hackers],\u201d said\u00a0Katherine Kearns, head of proactive cyber services at cyber security consultancy\u00a0S-RM, adding that this has turned financial services firms into attractive targets.Advertisement: Scroll to Continue <\/p>\n

It\u2019s why banks are often early adopters of new cybersecurity technology such as multi-factor authentication and increased supply chain safeguards, the FT added.
\nStill, experts have begun to caution that rapid AI adoption has provided cybercriminals with new methods of attack. The FT cites research commissioned by financial and risk advisory company Kroll that show 76% of companies have experienced a\u00a0security incident\u00a0involving AI applications or models in the last two years.
\nAnd as covered here last week, the\u00a0newest models\u00a0from artificial intelligence giants like\u00a0OpenAI\u00a0and\u00a0Anthropic\u00a0could mark a critical inflection point in the cybersecurity space.
\n\u201cAI is\u00a0no longer just a tool\u00a0in the hands of an attacker; it is beginning to replicate aspects of the attacker itself,\u201d that report said.
\nFor both finance chiefs and information security executives, the implication is increasingly stark, the report continued, with cyber risk shifting from a targeted phenomenon to something more akin to ambient exposure.
\n\u201cOrganizations are not just selected; they are continuously scanned, probed and tested by systems operating at scale,\u201d PYMNTS added.
\n\u201cThe median enterprise, the one with uneven patching, over-permissioned accounts, and inconsistent configuration management, is now more accessible to multistep intrusion attempts that can be executed, or at least orchestrated,\u00a0by AI systems.\u201d<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Banks Up Defenses as AI Drives 76% of Cyberattacks https:\/\/www.pymnts.com\/cybersecurity\/2026\/banks-up-defenses-as-ai-drives-76percent-of-cyberattacks\/ Publish Date: 2026-04-20 08:56:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":204030,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2024\/07\/cyberattacks-fraud-cybersecurity.jpg","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[26,20,24,31],"class_list":["post-204029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-ai","tag-artificial-intelligence","tag-cybersecurity","tag-exploit"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/204029"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=204029"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/204029\/revisions"}],"predecessor-version":[{"id":204031,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/204029\/revisions\/204031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/204030"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=204029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=204029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=204029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}