Region

Jurisdiction

Regulator

2026-07-01

Added 2026-07-01 · Updated 2026-08-03

Riksbank and Finansinspektionen urge financial sector to adopt NCSC cybersecurity and AI recommendations

The Riksbank and Finansinspektionen have urged Swedish financial actors to adopt the National Cyber Security Center's new cybersecurity and AI recommendations to strengthen the sector's resilience against AI-supported cyberattacks. This directive follows an assessment that the rapid development of advanced AI models has increased cyberattack risks by making them easier and faster to execute, while also offering defensive benefits. Riksbank official Olof Sandstedt emphasized that managing AI-related opportunities and threats requires prioritizing cybersecurity as both a technical challenge and a leadership responsibility across all financial sector actors.

Sweden

Sveriges Riksbank

News

The National Cyber Security Center has recently published advice and recommendations for organizations to follow in order to strengthen resilience against cyberattacks. The advice and recommendations are divided into two parts, where one part is directed at decision-makers and management, while the other part consists of in-depth technical advice.

Share via email - Opens in new tab

Share on Facebook - Opens in new tab

Share on LinkedIn - Opens in new tab

Share on Bluesky - Opens in new tab

Share on Twitter - Opens in new tab

Published

2026-07-01

The Riksbank, together with Finansinspektionen, urges Swedish financial actors to review these advice and recommendations to strengthen the Swedish financial sector's resilience against AI-supported cyberattacks.

The risk of cyberattacks has been assessed to have increased due to the rapid development of advanced AI models, which the Riksbank addresses in its latest financial stability report published in May. This is because the AI models make it both easier and faster for an attacker to carry out a cyberattack. At the same time, these models can also be used to strengthen protection against cyberattacks.

"Managing the opportunities and threats that AI entails is as much a technical challenge as a management issue. It is required that cybersecurity is prioritized by all actors in the financial sector," says Olof Sandstedt, head of the Financial Stability Department at the Riksbank.