Systemic Risk
Financial systems are exposed to a structural AI risk with "no effective mitigation," EU warns
European Systemic Risk Board issues frightening forecast setting out the dangers of frontier artificial intelligence.
Financial Systems
Financial Systems
Agentic AI demands an upgrade to financial system resilience, Bank of England warns
Central bank warns that "stronger defences are not enough" amid growing concerns about the weaponisation of autonomous security tools.
Financial Systems
Stablecoins could become a systemic risk to global financial stability, central banks warn
Asset-backed digital currencies are set to enter widespread usage and pose
Security
Critical systems are moving beyond human control. How can regulated industries respond?
"Enterprise environments are growing in complexity, making it harder to effectively oversee risk using traditional models and tools."
Financial Systems
European Central Bank summons lenders over AI security threat to banking infrastructure
Financial chiefs rush to address the risk of automated exploits and accelerated cyber attacks following the release of Anthropic’s Mythos.
Financial Systems
Coinbase hit by cascading systems failure after "thermal event" in AWS data centre
Critical financial infrastructure went down for hours due to an overheating incident on a dreary spring evening in Virginia
Financial Systems
Bank of England warns of risks lurking in “opaque and hidden corners” of the financial system
"Shocks can arrive with little warning and the vulnerabilities that preceded past crises have not disappeared, but re-emerged elsewhere."
Financial Systems
AI agents move into credit broking as regulators sharpen their knives
World's first Agentic Credit Broking Protocol sets a standard for financial services bots as they take on mission-critical roles in lending.
Quantum
Quantum attacks could crack cryptocurrency encryption in minutes, Google warns
Research sheds new light on Google’s decision to accelerate its shift to post-quantum cryptography.
Financial Systems
Catching connected criminals: Exposing the networks driving modern fraud
Financial crime is now a complex web spun by coordinated networks—and investigators face a difficult task untangling it.
Financial Systems
Bank of England: Cloud outages and DDoS attacks pose risk of cascading systemic failure
Regulators tighten oversight of “operational incidents” that could ripple through the digital economy.
Financial Systems
FBI warns of surge in ATM jackpotting "cash on command" attacks
Criminals deploy Ploutus malware to infect cash machines and trick them into dispensing vast sums of money.