{"id":259370,"date":"2026-05-28T11:31:00","date_gmt":"2026-05-28T15:31:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/28\/ecb-tells-banks-to-invest-more-to-get-a-grip-on-ai-security-risk\/"},"modified":"2026-05-30T04:55:45","modified_gmt":"2026-05-30T08:55:45","slug":"ecb-tells-banks-to-invest-more-to-get-a-grip-on-ai-security-risk","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/28\/ecb-tells-banks-to-invest-more-to-get-a-grip-on-ai-security-risk\/","title":{"rendered":"ECB tells banks to invest more to get a grip on AI security\u00a0risk"},"content":{"rendered":"<p><a href=\"https:\/\/www.reuters.com\/legal\/litigation\/euro-zone-banks-need-tighter-cyber-security-amid-ai-risk-ecb-says-2026-05-27\/\">ECB tells banks to invest more to get a grip on AI security\u00a0risk<\/a><\/p>\n<p><a href=\"https:\/\/www.reuters.com\/legal\/litigation\/euro-zone-banks-need-tighter-cyber-security-amid-ai-risk-ecb-says-2026-05-27\/\">https:\/\/www.reuters.com\/legal\/litigation\/euro-zone-banks-need-tighter-cyber-security-amid-ai-risk-ecb-says-2026-05-27\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-28 11:31:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.reuters.com\">www.reuters.com<\/a><\/p>\n<p>Item 1 of 2 European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 19, 2026. REUTERS\/Jana Rodenbusch\/File Photo<\/p>\n<p>[1\/2]<span>European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 19, 2026. REUTERS\/Jana Rodenbusch\/File Photo Purchase Licensing<span><span class=\"link-module__suffix__ObiNY\"> Rights<\/span><span style=\"border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap\">, opens new tab<\/span><\/span><\/span><\/p>\n<p>FRANKFURT, May 27 (Reuters) &#8211; Euro zone banks need to invest more in cybersecurity if they are to get a \u200bgrip on new AI models that can find flaws in \u200csoftware, the European Central Bank&#8217;s outgoing Vice President Luis de Guindos said on Wednesday.<\/p>\n<p>New large language models such as Anthropic&#8217;s Mythos are viewed by cybersecurity experts as posing \u200bsignificant challenges to the banking industry and its legacy technology \u200bsystems, prompting a series of warnings from regulators and policymakers \u2060around the world.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  here.<\/p>\n<p>The ECB has been quizzing euro zone banks about their \u200bpreparedness for weeks, including at a meeting this week, and de Guindos \u200bsaid the sector needed to reach deeper into its pockets to strengthen its defences against cyberattacks powered by AI.<\/p>\n<p>&#8220;We have to understand much better the potential implications \u200bof these new models and to try to put in place \u200bthe systems and cybersecurity patches that can address that situation,&#8221; de Guindos, whose term \u200cruns \u2060out at the end of the month, told reporters.<\/p>\n<p>&#8220;And (we have) to try to start to enhance the awareness of the financial institutions, of the banks, about the need of additional cybersecurity investment, because it&#8217;s going \u200bto be something \u200bthat is going \u2060to be quite structural in the near future.&#8221;<\/p>\n<p>He said the meeting with euro zone lenders on Tuesday featured \u200ba presentation by a U.S. bank which, unlike its \u200bcounterparts \u2060on this side of the Atlantic, has had access to Mythos.<\/p>\n<p>&#8220;The main message to everyone is cyber is becoming more and more important,&#8221; de Guindos \u2060said. &#8220;We \u200bhave to invest more. And&#8230;<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/legal\/litigation\/euro-zone-banks-need-tighter-cyber-security-amid-ai-risk-ecb-says-2026-05-27\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB tells banks to invest more to get a grip on AI security\u00a0risk https:\/\/www.reuters.com\/legal\/litigation\/euro-zone-banks-need-tighter-cyber-security-amid-ai-risk-ecb-says-2026-05-27\/ Publish&#8230;<\/p>\n","protected":false},"author":1,"featured_media":259371,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.reuters.com\/resizer\/v2\/76H6CWTFUJI4REBN433PRTOQCA.jpg?auth=e19f972dca1ae1f16301faaf8cfeca5f36ecfef4e2465fd66cef7e9661c39cff&height=1005&width=1920&quality=80&smart=true","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[20,57],"class_list":["post-259370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-artificial-intelligence","tag-security"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259370"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=259370"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259370\/revisions"}],"predecessor-version":[{"id":259372,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259370\/revisions\/259372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/259371"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=259370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=259370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=259370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}