Autonomous AI cyber-attacks 😳


"In their new report, the IMF said extreme cyber incidents could spark liquidity pressures and solvency concerns across banks and financial institutions.

"The lender warned that AI was dramatically lowering the cost and time needed for hackers to identify and exploit vulnerabilities, increasing the risk of systemic financial shocks.

"'Extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets,' the IMF said.

"The warning comes amid growing concern over powerful new AI systems capable of autonomously identifying software weaknesses and launching complex cyberattacks."


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