Security · Updated 18 Oct, 10:28 am IST
G7 to run tabletop exercises to guard against AI-driven cyber attacks
Why it matters for readers: It explains how major economies are preparing for new cyber threats that use AI to attack financial services.
- G7 finance deputies approved the idea of conducting tabletop exercises focused on frontier AI at the ministerial level.1
- The exercises will simulate AI-driven cyber attacks on financial services to test how authorities respond.1
- Results from the simulations will be used to assess the effectiveness of current protocols and revise response manuals.1
- The move follows an IMF warning that confidence could be undermined by an AI-enabled cyber attack on a critical financial service.1
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