2026-07-07

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ESRB warns of vulnerabilities in the financial system linked to advanced AI models

The European Systemic Risk Board (ESRB) issued a formal warning to EU authorities regarding cybersecurity risks posed by advanced AI models capable of exploiting critical software vulnerabilities. The ESRB urges regulators to incorporate these risks into their supervision and monitoring to ensure the resilience of the EU financial system against faster and more sophisticated cyberattacks. Concurrently, the Swedish Financial Supervisory Authority and the Riksbank have urged Swedish financial firms to prioritize identifying and managing these risks to strengthen operational resilience.

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Sweden

Sveriges Riksbank

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