{"id":225085,"date":"2026-06-03T07:03:00","date_gmt":"2026-06-03T11:03:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/03\/ecb-to-ask-banks-for-targeted-measures-to-counter-ai-risk\/"},"modified":"2026-06-03T07:45:43","modified_gmt":"2026-06-03T11:45:43","slug":"ecb-to-ask-banks-for-targeted-measures-to-counter-ai-risk","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/03\/ecb-to-ask-banks-for-targeted-measures-to-counter-ai-risk\/","title":{"rendered":"ECB to ask banks for targeted measures to counter AI risk"},"content":{"rendered":"

ECB to ask banks for targeted measures to counter AI risk<\/a><\/p>\n

https:\/\/www.reuters.com\/legal\/transactional\/ecb-ask-banks-targeted-measures-counter-ai-risk-2026-06-03\/<\/a><\/p>\n

Publish Date: 2026-06-03 07:03:00<\/a><\/p>\n

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

Using an unordered list, summarize the following article with between 4 and 8 key points. FRANKFURT, June 3 (Reuters) – The European Central Bank met commercial lenders last week to discuss the potential threat from the newest \u200bartificial intelligence models and will follow up with demands \u200cfor practical defence measures, board member Frank Elderson said.Rapidly advances in AI technology have increased the risk that cyberattacks can rapidly discover and \u200bexploit vulnerabilities in bank defences and combine seemingly minor \u200bissues into serious threats. Sign up here.”As a next step we will \u2060send a so-called ‘dear CEO letter’ to all banks in \u200bwhich we aim to ask banks to take proactive measures \u200bto ensure the continued robustness and security of their systems in the face of these transformative challenges and will follow up with individual \u200bbanks in a targeted manner,” Elderson said on Wednesday.Elderson, also \u200bthe Vice Chair of the ECB’s Supervisory Board, argued that such threats \u200care \u2060not merely a cybersecurity issue and require a strategic approach with management taking charge, devoting expertise and resources over the span of many years.This may be expensive but high profitability \u200bin the \u200bsector should give \u2060lenders the financial buffers to invest, he argued.A key issue may be that large banks \u200bcan more easily afford defences, this may \u200bbe a \u2060stretch for small and medium sized lender.”The critical infrastructure on which banks depend \u2013 including cloud providers, telecommunications networks, payment systems \u2060and electricity \u200band water supplies \u2013 could also become \u200btargets,” he said. “As a result, scenarios that were once considered tail risks may \u200bbecome more likely.”Reporting by Balazs Koranyi; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles., opens new tabPurchase Licensing Rights
<\/p>\n","protected":false},"excerpt":{"rendered":"

ECB to ask banks for targeted measures to counter AI risk https:\/\/www.reuters.com\/legal\/transactional\/ecb-ask-banks-targeted-measures-counter-ai-risk-2026-06-03\/ Publish Date: 2026-06-03…<\/p>\n","protected":false},"author":1,"featured_media":225086,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.reuters.com\/resizer\/v2\/KTACTSCMKRPHDESQMLBKTJQIII.jpg?auth=519476ce4dd77a90f830f728806ba5d18b30c95f67e81cf821ece3ad7e7d53be&height=1005&width=1920&quality=80&smart=true","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-225085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225085"}],"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=225085"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225085\/revisions"}],"predecessor-version":[{"id":225087,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225085\/revisions\/225087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/225086"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=225085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=225085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=225085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}