ESA Statement on frontier AI models
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Notice on the use of AI. In compliance with Article 50(4) of Regulation (EU) 2024/1689 on Artificial Intelligence (AI Act), we disclose that the summaries, explanations and translations published by The Neural Herald are generated with artificial intelligence and published without prior human review. The linked official documents belong to each body and were not generated by our AI. Our summaries may contain errors: always check the original document.
Joint ESA statement addressed to national supervisors on cyber risks from frontier AI models. It notes that the ECB has already asked significant banks to close outstanding ICT findings without delay and sets out measures for firms to strengthen their operational resilience.
Key points
- Emphasis on prevention, detection and management of AI-related cyber risks
- Builds on the ESRB warning of June 2026 and the Commission's action plan on cybersecurity and AI
- Unresolved cybersecurity weaknesses may become material
- It should serve as a basis for supervisory dialogue
Who is affected
Banks, insurers, asset managers, critical ICT providers and national supervisors
Plain-language version
A statement by the EBA, EIOPA and ESMA, the EU authorities that watch over banks, insurers and markets, on cyberattack risks from frontier AI models, the most advanced AI systems. It notes that the European Central Bank has already told big banks to fix outstanding IT weaknesses without delay, because they could become serious.
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Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
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