01.14.26

Cybersecurity, Fraud Attacks May Cause Systemic Risk in 2026

by: Frank Gargano

American Banker’s 2026 Predictions Report warns that cybersecurity breaches and fraud attacks pose systemic risks to the U.S. banking sector. Based on a survey of 174 banking professionals, the report found overwhelming expectations that fraud schemes will become more sophisticated and cyberattacks more frequent and severe. Nearly 90% of respondents said worsening fraud and cyber incidents will create major industrywide risks. Banks are responding with expanded prevention efforts, but regulatory changes and rising losses suggest risks may intensify.

Read the full article on American Banker