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InfoNews
Bank of England and IMF bosses warn of cyber threat to trust in financial system
- Published
- Record updated
Summary
The heads of the Bank of England and the International Monetary Fund warned that rising cyber-attacks risk undermining trust in the financial system. Speaking on a panel about online fraud at the IMF and World Bank meetings in Bangkok, Andrew Bailey pointed to headlines about self-replicating AI agents hijacking personal devices and a French supermarket hack that heated fridges up to 50C.