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AI investment boom may fuel financial risks: BIS - The Economic Times
The Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues of overinvestment and high valuations. Theres a growing worry that advanced AI models could increase cyber threats, calling for stronger collaborations.
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AI-enabled cyberattacks biggest near-term threat to financial system: RBI - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/banking/ai-driven-cyberattacks-the-greatest-immediate-threat-to-indias-financial-stability-warns-rbi/articleshow/132092751.cmsBanks draw up cyber defence strategies to tackle AI risks - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-draw-up-cyber-defence-strategies-to-tackle-ai-risks/articleshow/131948742.cms
The BIS warns an AI bust could hit credit markets as hard as the 2008 financial crisis
https://thenextweb.com/news/bis-ai-bust-credit-risk-2008-circular-financing
AI Will Elevate Near-Term Cybersecurity Risks but — with Investment and Coordination — Can Strengthen Cybersecurity in the Long Run
https://www.nationalacademies.org/news/ai-will-elevate-near-term-cybersecurity-risks-but-with-investment-and-coordination-can-strengthen-cybersecurity-in-the-long-runAI risks spark 30% surge in India cybersecurity spends as enterprises ramp up defences - The Economic Times
https://economictimes.indiatimes.com/tech/technology/ai-risks-spark-30-surge-in-india-cybersecurity-spends-as-enterprises-ramp-up-defences/articleshow/131948388.cms