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

People’s Bank of China says deployment of AI in financial sector should be ‘proactive yet prudent, safe and orderly’

2-MIN READ2-MIN ListenCarol Yangin BeijingPublished: 6:00pm, 12 Mar 2026China’s central bank has called for heightened cybersecurity awareness and caution in the use of artificial intelligence in the financial sector, adding to a chorus of warnings over security risks amid the nationwide buzz surrounding the OpenClaw AI agent.

The central bank also said the deployment of AI in the financial sector should be managed in a “proactive yet prudent, safe and orderly” manner.

This year, according to the readout, the central bank’s technology agenda will focus on mitigating risks, tightening supervision and fostering high-quality development, while employing a policy approach focused on pre-empting extreme risks to continuously refine its regulatory framework.

The PBOC also called for deeper integration of banking and technology at the conference, aiming to fully unleash the potential of intelligent digital development.

That aligns with the central bank’s long-standing policy of encouraging technological empowerment across the banking sector, while ensuring that the transition remains safe and orderly.

The meeting brought together the heads of the PBOC’s departments and branches, along with its deputy governor, Zou Lan.

Read original at South China Morning Post

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