Five Eyes intelligence alliance warns of threats from new AI models
Reuters reports: Cutting-edge artificial intelligence technology is poised to supercharge offensive hacking capabilities, and urgent action is needed to face up to the threat, US, UK, Canadian, Australian and New Zealand officials have said. “Frontier AI models are anticipated to exceed current industry expectations, fundamentally transforming both offensive and defensive cyber capabilities,” the intelligence alliance […]

AI Poses a Threat to Financial Sector, and Cyberattackers are ‘Outpacing’ Defenses – Treasury
Law.com reports that the U.S. Treasury Department warned the financial services sector this week that artificial intelligence (AI) will become a powerful weapon for fraudsters and cyberattackers, who will outgun the sector’s defensive efforts in the foreseeable future. The report was based on interviews with representatives from 42 financial services and technology companies about the […]