G7 countries plan “tabletop exercises” simulating AI cyberattacks on banks.
The drills were confirmed by Japan’s finance minister on Thursday. States and organizations have grown increasingly worried about AI’s ability to supercharge hacking, particularly after months of impressive releases and rogue agent attacks. Experts, including the heads of the Bank of England and International Monetary Fund, have stressed the need to guard financial institutions.
TL;DR
- G7 countries will conduct drills simulating AI cyberattacks on banks.
- Concerns are rising globally about AI's potential to enhance hacking.
- Experts, including heads of the Bank of England and IMF, highlight the need for financial institution security.