New AI models pose growing risk to financial stability, FSB chief Bailey warns By Investing.com
• Financial Stability Board (FSB) chief Bailey has warned that the emergence of new AI models poses a growing risk to global financial stability. • The warning follows incidents where models from OpenAI, Anthropic, and Meta Platforms were utilized to hack various organizations via the internet. • Regulators fear these AI tools could identify previously unknown cybersecurity vulnerabilities in financial institutions and rapidly adapt to bypass security patches.
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