AI’s Dark Turn: Why Adversarial Intelligence Is Becoming Banking’s Biggest Cyber Risk

Speaking at a press conference following the inauguration of a new State Bank of India office in Pune, Nirmala Sitharaman remarked that “The challenge posed by advanced AI is fundamentally different from what banks have successfully managed so far.” The statement reflects a deeper structural shift underway in global finance. For decades, banks have relied…

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Fraud, Deepfakes, and the Next Wave of Financial Crime: Why Trust Infrastructure Must Evolve

Financial crime has always adapted to technology. What is different today is the speed and asymmetry with which criminals can now manufacture trust. Deepfakes, voice cloning and generative AI have moved fraud from the margins of deception to its industrialisation. The result is a new wave of financial crime that targets not systems first, but…

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