Five Eyes spooks warn AI means infosec incidents can become ‘major operational and financial crises’

The leaders of intelligence agencies from the Five Eyes nations – Australia, Canada, New Zealand, the USA and the UK – have together issued strongly worded advice calling for leaders to nail cybersecurity basics or fall victim to ruinous AI-powered attacks. “The rapid pace of frontier AI development means cyber risk assumptions can become outdated in months, not years,” the advice warns, and calls for organizations to take rapid action to ensure their defenses remain potent.