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Canada Warns of AI-Powered Cyber Attacks on Banks

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Canada Warns of AI-Powered Cyber Attacks on Banks
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AI tools have also made life easier, but the fear of being used in cyber attacks is also causing concern. Recently, the International Monetary Fund (IMF) drew attention to the dangers of Anthropic's AI model Cloud Mythos. Now Canada has also issued an alert. Canada's banking regulator has warned that with the help of powerful AI models, cyber attackers can attack by detecting flaws quickly. Banks will now have less time to defend. Indian Finance Minister Nirmala Sitharaman has also held a meeting with banks with similar concerns. In this meeting in April, Sitharaman asked bank chiefs to be vigilant about Cloud Mythos and take defensive measures. According to media reports, in April this year, Canada's banking regulator sent an email to the chief technology officers, chief information security and chief risk officer of the country's major banks and insurance companies, saying that MyGoods can increase the speed of cyber security flaws.

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Publisher: ABP News

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