AFM update on use of AI by financial service providers and the importance of cyber resilience
8 Articles
8 Articles
Empty shelves at Albert Heijn, tampering with the temperature of refrigerators and freezers in various European supermarkets, a breach of Denmark's population register, to a major crypto heist at Binance. This is just a selection of the many hacks of the past few weeks. And it won't stop there, warns the Dutch Authority for the Financial Markets (AFM) in its annual Trendzicht report on the financial markets. The financial market regulator is dee…
The Netherlands Authority for the Financial Markets (AFM) is concerned about the increasing cyber threats. The consequences of successful cyberattacks for financial institutions, such as banks, can be far-reaching. However, public attention to this is still limited, observes AFM Chair Laura van Geest. "It is not a question of whether the financial markets will be hit by a cyberattack, but when and how."
The Financial Markets Authority (AFM) now sees cyber attacks as one of the most acute systemic risks for the financial... AFM: cyber attack on financial markets is only a matter of time
AFM update on use of AI by financial service providers and the importance of cyber resilience
On 4 November 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) published a report on the state of the financial service providers sector. The report highlights the increasing use of artificial intelligence (AI) by financial service providers and the critical importance of cyber resilience. The AFM has noticed that financial service providers feel competitive pressure to implement AI. Responsible AI use req…
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