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The Economic Times

Economy / The Economic Times

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Banks to tap 25 OEMs in battle against AI-led cybersecurity threats

Indian banks are identifying twenty-five original equipment manufacturers for AI risk mitigation partnerships. A working group is developing a framework to identify and strengthen safeguards against cyberattacks. Banks will reduce network attack surface area by deploying defensive AI agents. Internal controls may not prevent exposure through weak vendors or third-party components. Vulnerabilities in embedded code can spread flaws across multiple financial institutions.

23 Jul 2026 5:30 am