Tag: tells banks
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ECB tells banks to bolster AI cyber defences as peers take lighter approach
FRANKFURT, July 7 : The European Central Bank on Tuesday gave euro zone banks four months to draw up plans to counter AI-enabled cyber threats, taking a more prescriptive approach than other major central banks to risks posed by advanced AI models.The U.S. Federal Reserves and Bank of England struck softer to
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ECB tells banks to draw up plans against AI attacks amid disruption fears
FRANKFURT, July 7 : The European Central Bank on Tuesday gave euro zone banks four months to draw up plans to counter AI-enabled cyber threats that could undermine confidence in the financial system and disrupt payments. The move reflects mounting concern among regulators about advanced AI models such as A
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Exclusive-SpaceX tells banks it won’t move its $135-a-share IPO price
NEW YORK, June 4 : SpaceX told banks in its $75 billion initial public offering that it is set on the $135-a-share price that the firm disclosed on Wednesday in its amended IPO filing, sources told Reuters.The company’s decision is the latest sign that Elon Musk is intent on holding the largest ever initial
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