New Delhi, April 30 -- AI-led discovery of long-standing vulnerabilities in banking systems is a "wake-up call" not only for US banks, but also India and rest of the world, said Sheetal Chopra, Director at National Institute of Electronics and Information Technology (NIELIT) under the Ministry of Electronics and Information Technology (MeitY).

"It has been a wake-up call for US and not only for US, it has been a wake-up call for India and the world on the whole," she said while addressing the CII event on CIO Conclave and CIO Excellence Awards themed "Leading in an era of Intelligent Transformation."

She also told ANI that the development reflects a broader global concern, with artificial intelligence rapidly evolving and exposing risks...