Amid OpenClaw frenzy, China’s central bank adds to cybersecurity warnings

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China's central bank, the People's Bank of China (PBOC), issued cybersecurity and AI usage warnings for the financial sector at its annual technology conference in Beijing on Wednesday. The PBOC called for increased cybersecurity resilience and data security, emphasizing a "proactive yet prudent" approach to AI deployment. The bank's 2024 technology agenda prioritizes risk mitigation, tighter supervision, and high-quality development through preemptive policies and regulatory refinement. While encouraging technological integration in banking to unlock digital development potential, the PBOC aims to ensure a safe and orderly transition, reflecting its long-standing policy. The meeting included participation from PBOC department heads, branch leaders, and Deputy Governor Zou Lan.
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