Wall Street prepares for AI's "day after"

America's biggest banks are doubling down on AI risk management, not just to prevent disasters but also to prepare for potential fallout from catastrophic failures. This proactive scenario-planning signals a significant recognition of the risks AI poses, as financial institutions join tech giants in addressing these looming threats. The banks' efforts come amid concerns over unvetted AI agent activity, driven largely by customers unknowingly sharing login credentials. This move underscores the growing urgency for robust AI governance across major sectors.