New Delhi, Sept. 26 -- The Reserve Bank of India (RBI) flagged in its September 2026 bulletin how the risk landscape, including threat to cybersecurity, is evolving rapidly as technology continues to transform banking. The report analyses Artificial Intelligence (AI) as both a risk and an opportunity.

The RBI report states that AI can be both an instrument of attack and a powerful tool of defence.

"While malicious actors can use it to scale phishing, impersonation, vulnerability exploitation and other cyberattacks, financial institutions can deploy AI for continuous threat detection, behavioural anomaly analysis and automated incident response," it says

The report further notes that AI can strengthen customer service, improve fraud det...