Australian Banks Warned About Cyber Threats from Frontier AI Systems
Australia's financial regulator, APRA, warned that banks are not keeping pace with AI advancements, noting that frontier AI systems like Anthropic's Mythos could lead to larger and faster cyber attacks. The regulator emphasized the growing threat posed by AI's rapid development to the financial sector's cybersecurity practices.
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Topics: AI Anthropic APRA cybersecurity financial sector regulation