From ECB Warning to Action: Responding to AI & IT Risk in Banking

The European Central Bank (ECB) has signaled that AI-driven cyber and operational risks are becoming a more immediate priority for banks, bringing resilience, governance, and leadership oversight into sharper focus. In its  “Dear CEO” letter the ECB is asking banks to take proactive measures to maintain the robustness and security of their systems in the face of these changes.

In this session, we will break down what the ECB’s expectations mean in practice and the concrete steps banks should be taking now. We’ll also explore how leading financial institutions are moving from fragmented, reactive approaches to a more proactive and scalable model, and how OneTrust helps operationalize IT risk and AI governance to meet rising supervisory expectations.

What we’ll cover:

• The key themes emerging from the ECB’s recent message on AI, resilience, and governance
• Why AI is changing the operating tempo for IT risk, cyber resilience, and third-party oversight
• How banks can connect IT risk, AI governance, third-party management, and evidence-based oversight in a more integrated operating model
• How OneTrust supports operationalization through assessments, workflow automation, monitoring, and reporting