Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS

The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.
Key Takeaways
- The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Wall Street’s altcoin ETF rotation is not producing an altseason, and the old playbook may be breaking
Regulated funds can concentrate demand in Ethereum and Solana while broad altcoin leadership remains absent. The post Wall Street’s altcoin ETF rotation is not producing an altseason, and the old playbook may be breaking appeared first on CryptoSlate.

UK House of Lords backs mandatory digital asset strategy over Labour position
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.

Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
ESMA said that event contracts may fall under existing EU binary-options bans, crypto-asset frameworks like MiCA or national gambling laws.