Fed's Bowman warns banks on AI cyber risks while citing potential benefits

Sep 29, 2026 · Issue 9 · 2 sources, 2 articles

Michelle Bowman, the Federal Reserve's vice chair for supervision, urged banks on 29 September to protect their systems against AI threats with buffers. She also highlighted the potential benefits of AI.

Who is affected and how

banking professional

Cybersecurity controls and system resilience should also be tested against AI-assisted attacks.

Narrative: Frontier AI cyber risk is systemic

Sources

• Fed’s Bowman Warns Banks on AI Cybersecurity Risks, Cites Potential Benefits - Bloombergbloomberg.com · Sep 29, 2026
• Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity - Insurance Journalinsurancejournal.com · Sep 30, 2026

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