Federal Reserve's Bowman Says AI Presents Both Opportunities and Risks for Banking Industry, Urges Strengthening of System Security Protections
2 day ago / Read about 0 minute
Author:小编   

Michelle Bowman, the Federal Reserve's vice chair for bank supervision, warned on Tuesday that the banking industry needs to strengthen its system protections to address AI threats, while also emphasizing the benefits of AI for banks. Speaking at an event in Colorado, Bowman stated that AI holds immense potential, serving as both a tool for security defense and an evolving risk.