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Swiss regulators push for AI-driven defense in financial markets

As cyber threats evolve at machine speed, traditional oversight is no longer enough to secure the global financial system. Marlene Amstad, head of the Swiss regulator FINMA, warns that banks must integrate advanced AI tools to patch vulnerabilities faster than hackers can exploit them, shifting from reactive monitoring to proactive defense.

Swiss regulators push for AI-driven defense in financial markets

The call to action follows a recent hackathon involving 100 policy and technology specialists tasked with building supervisory software for digital assets. Amstad, who also chairs an international forum on supervisory technology, is pushing for these safeguards to be embedded directly into financial systems. By leveraging the International Organization of Securities Commissions, her initiative aims to standardize these defensive AI applications across markets representing 95% of global financial activity.

Recent intelligence has highlighted significant operational risks linked to large-scale AI models, such as Anthropic’s Mythos. The U.S. government recently halted exports of the Mythos and Fable models, citing national security concerns, while Chinese firms like 360 Security Technology have accelerated development of domestic alternatives. Amstad maintains that Switzerland must retain access to cutting-edge models to ensure its financial infrastructure remains resilient against increasingly sophisticated digital attacks.

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