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OSFI warns AI could amplify cyber and technology risks for lenders - Canadian Mortgage Trends

·Oct 8, 2026
Source: Canadian Mortgage Trends
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Photo credit : Canada Bank Watchdog Hints at Fixes to Boost Business Loans

The regulator says oversight and cyber defences need to keep pace as financial institutions adopt more advanced AI.

Canada’s banking regulator is warning that growing reliance on a small number of AI and cloud providers could leave financial institutions exposed to disruptions affecting several firms at once.

This article is an excerpt. To read the full content, visit the original source. Canadian Mortgage Trends

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