Bank of England and IMF bosses issue stark warning on cyber threat to trust
by Heather Stewart in Bangkok from World news | The Guardian on (#791NF)
Andrew Bailey and Kristalina Georgieva voice concerns about financial system on panel about online fraud
The heads of the Bank of England and the International Monetary Fund have issued a stark warning 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, the governor of the Bank of England, Andrew Bailey, pointed to alarming headlines about self-replicating AI agents hijacking personal devices, and the French supermarket hack that heated fridges up to 50C.
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