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The Economic Times

Hardware / The Economic Times

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Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warns

Chief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threats to materialize before strengthening defenses. Recent AI agent breaches highlight the urgent need for robust security frameworks. Institutions must secure existing assets before leveraging AI at scale. Wider adoption of cross-border payments depends on substantial bilateral trade volumes.

7 Aug 2026 6:58 pm