AI Cyber Threat Rising: J&K Bank CEO On How Banks Are Preparing For Risks

Amid rising concerns around AI-driven cyber threats, banks are stepping up their defenses. J&K Bank MD & CEO Amitava Chatterjee highlights how artificial intelligence is emerging as both a risk and a solution for the banking sector. With global developments around advanced AI systems raising alarm, banks are now focusing on proactive cybersecurity measures, gap analysis, and strengthening vendor ecosystems. Chatterjee emphasizes that threats are evolving rapidly, with response time shrinking from days to just hours. The bank is leveraging AI-based tools to detect vulnerabilities and enhance protection. As regulators and governments stay alert, the big question remains - can AI effectively counter AI-driven risks in banking? Watch the full conversation for key insights.