Japan pushes banks to broaden cybersecurity oversight as AI risks grow

CybersecurityScrutiny will expand to fund transfer companies, fintech firms, telecom providersThe development of advanced AI models has heightened risks to the financial system. © ReutersKEISUKE MIYAKAWAAugust 27, 2026 02:02 JSTTOKYO -- Japan's financial watchdog will urge financial institutions to expand cybersecurity risk management beyond companies to which they directly outsource, encompassing a broader range of partners.Read NextArtificial intelligenceJapan to deploy stronger AI safeguards as model capabilities advanceCybersecurityAflac Japan reports breach on 4.38m customers, includes bank detailsArtificial intelligenceTop Japanese banks to use OpenAI's new model against cyberattacksCybersecurityData from cyberattack on Japan frozen food supplier posted onlineCybersecurityJapan Defen