The risk landscape in financial institutions has changed radically. What was once limited to human error, process failures or disruptions in physical services is now intertwined with highly complex technological threats: cyber-attacks, cloud dependency, vulnerabilities in AI models and automated attacks that defy conventional defenses.
In this whitepaper we explore how this evolution is transforming risk management: from the benefits AI can bring in efficiency and regulatory compliance, to the challenges it introduces that require new governance, control and transparency structures.