ECB tells banks: Fix AI cyber gaps by Oct. 31
Key insight: Beyond faster patching, the letter tells banks to shrink their internet-facing attack surface, replace end-of-life technology and elevate cyber decisions to the board. What’s at stake: The euro-area subsidiaries of J.P. Morgan, Goldman Sachs, Citi and Morgan Stanley are ECB-supervised, so they face the same Oct. 31 deadline as any European bank. Forward […]