IMF Warns New AI Models Risk 'Systemic' Shock To Finance
The IMF is warning that advanced AI-powered cyberattacks pose a serious threat to global financial stability. "IMF analysis suggests that extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets," the l…
The study's authors highlighted the risks posed by the highly interconnected nature of the global financial system, with advanced AI models able to "dramatically reduce" the time and cost of exploiti… [+956 chars]