G7 finance leaders plan to hold exercises on AI cyberattacks
G7 finance leaders agreed to hold tabletop exercises on AI cyber attacks, Japanese finance minister Satsuki Katayama said. The simulations will test how finance authorities respond to AI-driven cyberattacks, and private financial institutions could take part, depending on the nature of the simulations.
NoteThe IMF had warned that an AI-enabled attack on a critical service could undermine confidence, and the results will be used to revise manuals.
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