In brief
The Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. M-2026-034, providing recommendations for managing cybersecurity risks associated with frontier artificial intelligence (AI) systems. The memorandum highlights the potential for AI systems to enable more sophisticated and scalable cyber threats, and emphasizes the importance of strong cybersecurity and technology risk management practices. It encourages BSP-supervised institutions to adopt AI-enabled defensive measures and to develop AI governance frameworks aligned with existing regulatory principles.
For a detailed analysis of BSP Memorandum No. M-2026-034, read the full alert on quisumbingtorres.com
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