LONDON, Aug 31 : Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack.The FSB is a global watchdog that seeks to identify a

Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’

LONDON, Aug 31 : Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system,…