The initiative aims to encourage responsible AI adoption and improve cyber resilience across India’s banking ecosystem.
AI in BFSIBankingCybersecurity
The initiative aims to encourage responsible AI adoption and improve cyber resilience across India’s banking ecosystem.
At its 30th meeting, the Financial Stability and Development Council reviewed cyber resilience across the financial sector, fintech innovation, tokenisation, digital KYC and emerging macro-financial risks.
As AI accelerates both cyberattacks and cyber defence, financial institutions must move from fragmented security controls to coordinated enterprise resilience.