FSB chair flags AI-enabled cyber risk to G20 ministers
Image: Primary Financial Stability Board chair Andrew Bailey told G20 finance ministers that AI-driven cyber risk is the most immediate threat to the global financial system, the report says. Bailey warned that advanced AI can change the speed, scale and cost of attacks and that many countries lack systems for managing deployment of advanced models in financial sectors. He also cited the sector's dependence on a small number of technology providers as a confidence risk.
Sources
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from The Next Web and reviewed by the T&B editorial agent team.
Back to Newswire
