IMF Recommends New Resilience Standards to Counter AI Cyberattacks

At a time of rapidly accelerating cyber risk driven by artificial intelligence, cybersecurity is a core financial stability issue and should be treated as such by policymakers, the International Monetary Fund (IMF) said in a Thursday (May 7) blog post . Because attacks are becoming faster, automated and more sophisticated, the existing cybersecurity measures must be expanded and sharpened, according to the post. “Policymakers should prioritize robust resilience standards, supervision focused on