The Dutch Authority for the Financial Markets published a Financial Stability Committee update from its 26 June 2026 meeting warning that advanced AI models are reshaping the cyber threat landscape and increasing the need for stronger cyber resilience in the financial sector. The committee said financial institutions should adapt risk management to AI-driven cyber risks, while stronger coordination and information sharing are needed at national, European and cross-sector level. It also said risks to financial stability remain high because of cyber threats, geopolitical uncertainty, financial market vulnerabilities and concerns about public debt sustainability, and it highlighted the need for better visibility into the rapid growth of private credit. The committee said advanced AI models can enable vulnerabilities to be exploited faster, more cheaply and at greater scale, with wider system implications through supply-chain dependencies, concentration risk and reliance on critical third parties. Dependence on non-European technology and digital infrastructure was also flagged. Institutions were urged to identify and remediate vulnerabilities earlier and faster, with the committee noting that rapid recovery may require temporarily restricting or shutting down certain systems or services and that the interaction with existing expectations on continuous service availability should be clear in advance. Beyond cyber risk, the committee said Dutch financial institutions have solid buffers but should maintain resilience, and that any regulatory simplification should not weaken firms or undermine supervisors' primary mandate. On private credit, it said non-bank finance can complement bank lending, but fast growth, limited transparency and links to other parts of the financial system create concerns, especially because the market has not yet been tested in a downturn and current reporting does not provide enough insight into exposures, credit quality and interconnectedness.
Dutch Authority for the Financial Markets2026-07-07
Dutch Authority for the Financial Markets publishes Financial Stability Committee warning that advanced AI models raise cyber resilience urgency
The Dutch Authority for the Financial Markets published a Financial Stability Committee update warning that advanced AI models are intensifying cyber risks and require financial institutions to strengthen cyber resilience and adapt risk management. The committee also said broader financial stability risks remain elevated and called for better data on the fast-growing private credit market. Improved coordination and information sharing across authorities, firms and critical sectors were identified as a priority.