FSB Chair Warns G20 That Frontier AI Could Amplify Cyber Risk
Bank of England Governor Andrew Bailey, writing as chair of the Financial Stability Board (FSB), warned G20 finance ministers and central bank governors on August 31, 2026 that frontier artificial intelligence models could materially alter the speed, scale and economics of cyber risk and destabilize the highly interconnected global financial system. The warning came in a letter sent ahead of the G20 Finance Ministers and Central Bank Governors meetings on August 31 and September 1, 2026 in… [...]
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