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ECB urges eurozone banks to step up action on AI-enabled cyber threats

European Central Bank building
Photo: Thomas Lohnes/Getty Images

The ECB has given eurozone banks until October 31, 2026, to submit plans on how they will strengthen governance and resilience against growing AI-enabled cyberthreats.

The European Central Bank (ECB) has warned significant euro area banks that, beyond generating business opportunities, the use of artificial intelligence (AI) can significantly amplify cyber risks.

The quick pace of work that AI and new technologies enable leads to incremental changes in the threat landscape, requiring increased resilience by

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