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The use of AI is never a purely technical matter: when it enters processes that affect people’s lives, it touches on rights, opportunities, status and freedom"

—Pope Leo XIV

Tag: International Monetary Fund

IMF Warns AI Cyberattacks Could Shake Global Financial System

The IMF warned that AI is making cyberattacks faster and cheaper, threatening banks, payment networks and shared financial infrastructure worldwide. It called for stronger resilience standards and urgent coordination between governments and private institutions.

The IMF warned that AI is making cyberattacks faster and cheaper, threatening banks, payment networks and shared financial infrastructure worldwide. It called for stronger resilience standards and urgent coordination between governments and private institutions.